The solicitor who helped my previous purchase has quoted just over a thousand pound for leasehold conveyancing in Maida Hill. I am selling a newly refurbished house for £175,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Maida Hill?
The estimate does seem a tad overpriced. If you are happy to expend time comparing quotes you could get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you couldlive to rue choosing an a cheaper conveyancer. Don't forget to check that the firm can represent your mortgage company. You can employ our search tool to select a Maida Hill conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Maida Hill.
My brother and I have lately acquired a house in Maida Hill. We have since encountered a number of problems with the property which we believe were missed in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Maida Hill?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Maida Hill. Conveyancing searches and investigations initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, the vendor answers a questionnaire called a Seller’s Property Information Form. answers is misleading, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Maida Hill.
I have a decision in principle. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel conveyancer as I would prefer to instruct a specialised conveyancing solicitor in Maida Hill?
You should check but the chances are that give you one of their panel lawyers if you want the "fee-free" incentive. Contact the mortgage company and check if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Maida Hill.
How does conveyancing in Maida Hill differ for newly converted properties?
Most buyers of new build or newly converted property in Maida Hill approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is completed. This is because builders in Maida Hill usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Maida Hill or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Maida Hill before instructing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some mortgage companies will not give a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Maida Hill. Conveyancing will be smoother if you use a solicitor in Maida Hill especially if they are accustomed to such properties in Maida Hill.
How do I search for a Maida Hill solicitor on the Barclays conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the lawyer.
You can use the search on this website. Please select a bank and your location and you will see a number of Maida Hill conveyancing lawyers based on proximity. We have listed some Maida Hill conveyancing firms at the bottom of this page and you can contact them to see if they are on the Barclays member panel