The solicitor who helped my last purchase has sent a quote for £1350 for no sale no fee conveyancing in Seaforth. I’m looking to sell a Georgian property for £200,000. Is this over the top? Is it in excess of the average fee for conveyancing in Seaforth?
The charges are a bit high. If you are willing to invest time comparing costs you may be able to decrease the fees marginally by perhaps £100 plus VAT. That being said, you couldcome to rue choosing an an unknown conveyancer. Don't forget to check the firm can also act for your lender. Do use our search tool to get a quote a Seaforth conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Seaforth.
I am need of leasehold conveyancing for a flat in a fairly new development (6 years old) in Seaforth. 95% of the flats are already occupied. Is it strictly necessary to order local searches for my conveyancing in Seaforth?
You are putting yourself at risk in not carrying out Seaforth conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that your solicitor conducts them. Where speed and price are top of your concerns you should consider with your lawyer about the options such as indemnity insurance available to you
Completed the sale of my flat in Seaforth last October yet the purchaser is whats apping daily to say his solicitor is waiting to hear from mine. What are the post completion sale legalities following completion?
Post completion of your disposal your conveyancer is duty bound to forward the transfer deeds and all additional paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also send confirmation that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion formalities unique to conveyancing in Seaforth.
I am considering applying for a Leeds Building Society mortgage for purchase of a newly converted (under development) in Seaforth with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Leeds Building Society ?
There is nothing to stop you using your solicitor, but Leeds Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I used Arc property Solicitors a few years ago for my conveyancing in Seaforth. I now require my papers however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Seaforth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Seaforth with a loan from Aldermore. The builders refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not reveal to my solicitor about the extras as it will affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.