My family lawyer has sent a quote for £1150 for no sale no fee conveyancing in Ottery St Mary. I am looking to sell a newly refurbished property for £125,000. Is this over the top? Is it in excess of the average fee for conveyancing in Ottery St Mary?
The estimate does seem marginally overpriced. Where you are content to expend time contrasting fee on a like for like basis you could get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you maycome to rue choosing an an untested conveyancer. Don't forget to check the firm can act for your lender. Do make use of our comparison tool to get a quote a Ottery St Mary conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Ottery St Mary.
We wanted to use a property lawyer in Ottery St Mary for our house move. Our broker has since advised us that our mortgage company Aldermore won't deal with them. Why is this not regarded as unfair competition?
A lender may direct that an approved solicitor act for it. You would be liable to bear the cost of this. Do use our database to find a solicitor to conduct conveyancing in Ottery St Mary on the Aldermore member panel.
We are planning on selling our property in Ottery St Mary and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any high street Ottery St Mary lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a factory type conveyancing firm rather than a conveyancing solicitor in Ottery St Mary. Having lived in Ottery St Mary for 4 years we know of no issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
How does conveyancing in Ottery St Mary differ for newly converted properties?
Most buyers of new build residence in Ottery St Mary approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because developers in Ottery St Mary usually purchase 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 used to new build conveyancing in Ottery St Mary or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Ottery St Mary is where the house is located. Can you shed any light on this issue?
Flying freeholds in Ottery St Mary are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ottery St Mary you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ottery St Mary may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am looking for a conveyancing lawyer in Ottery St Mary for my house move. Is it possible to review a firm’s record with the legal regulator?
Members of the public may see published Solicitor Regulator Association (SRA) decisions stemming from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.