Recently been in touch with my conveyancing solicitor in Mancot who completed the legal work two years ago asking for a conveyancing estimate based on an identical type of home move (a leasehold premises and a freehold premises) of almost identical values with a loan from Bank of Scotland. It looks as though am now being charged twice the amount. Should I look for a cheaper online firm of conveyancing solicitor?
The estimate fees are a tad high. Where you are willing to spend time contrasting prices you may be able to shave off some of the cost by say £100 plus VAT. That being said, providing that you were content with the conveyancing the firm gave you mightlive to rue choosing an an unknown lawyer. Don't forget to enquire the solicitor can represent Bank of Scotland. Do employ our search tool to locate a Mancot conveyancing firm on the Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Mancot.
We note that you have a post code search directory listing solicitors on the Nottingham conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Mancot?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Mancot.
About to place a bid on a leasehold property in Mancot. The selling agents assure me that it is the norm for flats in Mancot to have less than 75 years left on the lease. I am expecting a loan with Platform. Is this going to be acceptable if the lease has 70 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/9/2020 the requirements read as follows :
My wife and I are purchasing a flat in Mancot. I might seem paranoid but how we can trust a solicitor? At some point we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
If you had a top tip for selecting a conveyancing solicitor in Mancot what would it be?
Do not opt for the lowest Mancot conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Mancot solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Mancot postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Mancot.
What can a local search inform me concerning the house I am purchasing in Mancot?
Mancot conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search plays a central role in most Mancot conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
Am I best advised to go with a Mancot conveyancing practitioner who is local to the property I am hoping to buy? An old friend can deal with the legal formalities however his firm is located 400kilometers drive away.
The benefit of a high street Mancot conveyancing practice is that you can pop in to execute documents, hand in your ID and pester them if necessary. They will also have local insight which is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and in the main were impressed that must outweigh using an unknown Mancot conveyancing lawyer solely due to them being based in the area.