I was referred a lawyer who has quoted £1700 for no completion no fee conveyancing in Somerstown. I am selling a purpose built detached home for £175,000. Are the quoted fees excessive? Is it above the average fee for conveyancing in Somerstown?
The costs illustration is fractionally on the high side. If you shop around you might shave off some of the expense by say a hundred pounds. On the other hand, you couldcome to rue choosing an an unknown solicitor. Remember to enquire that the conveyancer can also act for your lender. You can make use of our search tool to locate a Somerstown conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Somerstown.
Can your site be used to recommend a Conveyancing solicitor in Somerstown even where I’m not buying or selling a house, for instance where I want to buy an office in Somerstown with a loan from Aldermore?
Our search tool is primarily used to locate domestic conveyancing solicitors in Somerstown but we have set out towards the end of this page a few Somerstown commercial conveyancing firms. You should make contact with the firm directly to check if they can also act for Aldermore
My lender has recommended solicitors on their panel based in Somerstown but I would rather instruct a conveyancing lawyer in Somerstown round the corner to me. Are you able to assist?
Not all Somerstown conveyancing practitioners are listed all banks conveyancing panel. Use our find an approved solicitor tool to locate a Somerstown conveyancing conveyancer on the on the mortgage company panel.
My colleague suggested that where I am purchasing in Somerstown I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Somerstown conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Somerstown around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data about Somerstown.
I am purchasing a new build house in Somerstown with a loan from Godiva Mortgages Ltd. The builders would not budge the amount so I negotiated £7000 of additionals instead. The property agent advised me not to tell my solicitor about this deal as it could put at risk my mortgage with Godiva Mortgages Ltd. Is this normal?.
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.
We're first time buyers - had an offer accepted, yet the estate agent informed us that the owners will only issue a contract if we appoint the agent's preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Somerstown
We suspect that the owner is unaware of this requirement. If they want ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Speak to the owners direct and make the point that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Somerstown conveyancing firm - not the ones that will earn their estate agent a referral fee or hit his conveyancing thresholds demanded by senior management.