My previous solicitor has sent a quote for £1150 for freehold conveyancing in Markfield. I’m selling a newly refurbished house for £250,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Markfield?
The estimate does seem a tad overpriced. If you shop around you could get the conveyancing a bit cheaper by as much as £125. On the other hand, you mightcome to regret choosing an a cheaper solicitor. Don't forget to be sure that the solicitor can also act for your bank. Do use our search tool to locate a Markfield conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Markfield.
Completed the sale of my flat in Markfield last April yet the purchaser is Skype messaging every few hours to moan that their conveyancer needs to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Following your disposal your solicitor is committed to forward the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor should also confirm that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion requirements specific conveyancing in Markfield.
We are due to move property in October. Should my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you recommend a removal company in Markfield. Conveyancing solicitor was found before I stumbled across your website.
On the day of completion you will need to collect the house keys from the selling agent however this should only happen after the sellers solicitors advise the agent that they have the completion monies and the keys can be collected. You will need to advise the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can assist you in choosing a conveyancing in Markfield or a legal practice that specialises in conveyancing in Markfield.
We expect to receive a DIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Markfield solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Markfield solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I am currently in the process of buying my council flat in Markfield. I have a mortgage agreed with Co-operative. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
How does conveyancing in Markfield differ for newly converted properties?
Most buyers of new build property in Markfield approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Markfield typically acquire the site, 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 conveyancing solicitors 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 used to new build conveyancing in Markfield or who has acted in the same development.
I am looking for a ground for flat up to £235,500 and found one round the corner in Markfield I like with amenity areas and railway links nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Markfield suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
What does commercial conveyancing in Markfield cover?
Markfield conveyancing for business premises covers a broad range of services, supplied by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.