My previous solicitor has given a fee estimate £1400 for no sale no fee conveyancing in Rye. I’m selling a Georgian house for £250,000. This sounds expensive. Is it above what I should be paying for conveyancing in Rye?
The charges are a tad high. If you are content to spend time scrutinising charges you might shave off some of the cost by say a hundred pounds. That being said, you maycome to regret opting for an a cheaper lawyer. If is important to enquire the solicitor can represent your bank. Do employ our search tool to find a Rye conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Rye.
My brother and I have just acquired a property in Rye. We have since encountered a number of issues with the property which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been carried out as part of conveyancing in Rye?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Rye. Conveyancing searches and investigations initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the process, a seller fills in a document referred to as a Seller’s Property Information Form. If the information is misleading, you may have a misrepresentation claim against the owner 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 Rye.
My brother-in-law has suggested I instruct a conveyancing solicitor in Rye. I I am struggling to find out if they are on the Platform Home Loans Ltd approved list of lawyers. Could you assist?
You should e-mail the lawyer and ask them whether they are on the lender panel. Otherwise you can get in touch with Platform Home Loans Ltd who may be able to help.
Various internet forums that I have come across warn that are the number one reason for stalling in Rye conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Rye.
I am purchasing a new build house in Rye benefiting from help to buy. The sellers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not disclose to my solicitor about the extras as it could affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Rye cover?
Rye conveyancing for business premises covers a wide range of guidance, supplied by qualified solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment 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.