We chose a Seaford based firm for my conveyancing in Seaford recently. Reviewing the Terms and Conditions I notewe are liable for fees even where the transaction does not complete. Would I be best advised to appoint a web based solicitor practice promoting no completion no charge conveyancing in Seaford?
Generally there is a concession along the lines that if "No Sale No Fee" is offered then the conveyancing charges will tend to be be higher to neutralise those cases that do not go ahead. Please beware that these schemes generally do not cover outlay for instance Seaford conveyancing search charges.
All was ready to complete my purchase in Seaford next Friday. My conveyancing practitioner now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What does the insurance need to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not unique to conveyancing in Seaford.
We are close to exchanging contracts on the sale of our home in Seaford and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Seaford conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a factory type conveyancing firm rather than a conveyancing solicitor in Seaford. We have lived in Seaford for many years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to 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 life insurance to cover that same sickness)
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Seaford I like with open areas and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Seaford in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
I have been pointed in your direction by a few property agents in Seaford to locate a conveyancer on your site. Is there a financial advantage for Estate Agents to market your lawyers over and above alternative conveyancing organisations?
We refuse to give any referral fee for sending work our way. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I have been sourcing a conveyancing solicitor in Seaford for my home move. Can I see a firm’s record with the legal regulator?
Members of the public may search for published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator sometimes monitor call for training purposes.