My best friend’s uncle is a property lawyer. I expect that I will receive preferential fee for conveyancing, but if not, what kind of costs should I be paying for conveyancing in Smithfield?
Do contrast pricing. Make use of our comparison tool on this page. You will notice that prices will contrast greatly but the service one can expect differ between property lawyers as is true with the vast majority of professional services.
We are about to exchange on the purchase of a property in Smithfield but as a result of wreckage from a small fire at the property I have managed to agree reparation from the vendor in the sum of £3k in the form of a adjustment in the price. I had intended this to be dealt with as part of a side agreement yet Nationwide will not permit this. Why were they approached?
Any lawyer that is on the Nationwide conveyancing panel is required to inform Nationwide of any changes to the sale price. If you prohibit your conveyancing practitioner to notify the price change to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new conveyancing practitioner for your conveyancing in Smithfield.
Can I use your services to find a Conveyancing solicitor in Smithfield even where I’m not buying or disposing of a house, for example where I wish to buy a shop in Smithfield with a mortgage from HSBC Bank?
The service is primarily utilised to find residential conveyancing solicitors in Smithfield but we have listed at the bottom of this page a few Smithfield commercial conveyancing firms. You will need to enquire with the company directly to check if they are also authorised to represent HSBC Bank
We previously instructed conveyancers locally in Smithfield on the Co-operative solicitor panel. They have just billed me a further amount for handling the Co-operative mortgage. Is this a supplemental conveyancing fee set by Co-operative?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your lawyer may levy a fee for this. This charge is not dictated by Co-operative but by your Smithfield lawyer. Plenty of firms on the Co-operative panel will charge ’dealing with mortgage’ fee but many practices include it on their overall fee.
I have decided to exercise my right to buy my property in Smithfield off the council. I have a mortgage agreed with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
Intending to buy a flat in Smithfield. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Smithfield lawyer is on the Yorkshire BS conveyancing panel.
I have been told that property searches are the main reason for hinderance in Smithfield conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Smithfield.
I have been advised by numerous estate agents in Smithfield to select a conveyancer on your site. Is there a financial upside for Estate Agents to market your site rather than a competitor’s?
We don’t offer any commission for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.