I was referred a conveyancer who has sent a quote for £1400 for no sale no fee conveyancing in Stepney. I’m looking to sell a purpose built house for £200,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in Stepney?
The estimate does seem marginally steep. If you are happy to invest time comparing costs you might shave off some of the cost by say £100 plus VAT. On the other hand, you mightlive to rue choosing an an unknown lawyer. Remember to check that the solicitor can act for your lender. You can make use of our search tool to locate a Stepney conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Stepney.
Can I use your services to locate a Conveyancing solicitor in Stepney even if I’m not buying or disposing of a house, for instance if I intend to buy a shop in Stepney with a loan from Godiva Mortgages Ltd?
Our comparison service is mainly there to select residential conveyancing solicitors in Stepney but we have set out at the bottom of this page a selection of Stepney commercial conveyancing firms. You should speak with the firm directly to establish if they can also act for Godiva Mortgages Ltd
Should our conveyancer be raising enquiries about flooding as part of the conveyancing in Stepney.
Flooding is a growing risk for solicitors dealing with homes in Stepney. Plenty of people will acquire a house in Stepney, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Lawyers are not best placed to offer advice on flood risk, however there are a number of searches that can be initiated by the buyer or by their lawyers which can give them a better appreciation of the risks in Stepney. The standard information sent to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the owner to determine whether the property has historically flooded. If the premises has been flooded in past which is not disclosed by the seller, then a buyer may issue a claim for damages stemming from an misleading response. The purchaser’s solicitors should also carry out an environmental report. This should higlight if there is any known flood risk. If so, further inquiries should be initiated.
Me and my brother purchased a 4 bedroom Edwardian property in Stepney. Conveyancing lawyer represented me and The Royal Bank of Scotland. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stepney and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who carried out the work.
What is different about your site and other online quote calculators for conveyancing in Stepney?
At this site obtain an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Stepney. Unlike many estate agents and brokerage sites we do not have commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the highest commission, as opposed to the best value conveyancing in Stepney
My husband and I are a fortnight into a leasehold purchase having been referred to solicitors by the estate agent to do our conveyancing in Stepney. We are not happy. Can you help me find new lawyers?
They would have to be very poor in order to consider changing them. Has the loan offer been issued? In the event that it has you need to inform them of the new contact details and have the mortgage documents are re-sent. Your conveyancer needs to be on the mortgage company panel to avoid escalating fees and complications. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Stepney