My previous solicitor has sent a quote for £1350 for freehold conveyancing in Mevagissey. I’m hoping to sell a newly refurbished detached home for £200,000. This appears overpriced. Is it in excess of what I should be paying for conveyancing in Mevagissey?
The costs illustration is fractionally on the high side. If you are happy to invest time scrutinising fee on a like for like basis you might get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you maycome to rue opting for an an unknown lawyer. If is important to be sure that the solicitor can also act for your mortgage company. You can utilise our comparison tool to get a quote a Mevagissey conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Mevagissey.
I have given 2 months notice to my current landlord and have to vacate my rented flat in Mevagissey by 19/11/2024. Conveyancing for my house purchase is progressing. Can I complete in a couple of weeks as don't want to have to find short term accommodation?
Generally one should not provide notice for your lease unless exchange of contracts has taken place. Assuming that you have not previously done so, update to your lawyer and ask them to they apply pressure on the other solicitors, try to get a realistic time scale from them that all parties will look to achieve
I am selling my flat in Mevagissey. Does my conveyancing practitioner have to be on the Virgin Money conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
How does conveyancing in Mevagissey differ for new build properties?
Most buyers of new build premises in Mevagissey come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Mevagissey usually purchase the land, 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 property lawyers 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 Mevagissey or who has acted in the same development.
I am looking for a ground for flat up to £305k and found one near me in Mevagissey I like with amenity areas and railway links nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Mevagissey for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I require the services of a bank panel solicitor in Mevagissey. Could you help me?
It is not clear why you need a Mevagissey panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Mevagissey are on their panel . If you do find such a firm in Mevagissey not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site