I was recommended to a lawyer who has given a fee estimate £1150 for leasehold conveyancing in Stockton Heath. I am selling a purpose built house for £200,000. This appears too much. Is it above what I should be paying for conveyancing in Stockton Heath?
The estimate does seem marginally steep. If you are happy to expend time comparing prices you might trim some of the expense by perhaps £100 plus VAT. That being said, you maycome to regret opting for an an unknown solicitor. Don't forget to be sure that the conveyancer can represent your lender. Do utilise our comparison tool to select a Stockton Heath conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Stockton Heath.
What is the first thing I need to know about purchase conveyancing in Stockton Heath?
Not many law firms shout this from the rooftops but conveyancing in Stockton Heath and elsewhere in England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there is lots of room for confrontation between you and others involved in the house moving process. E.g., the seller, estate agent and even potentially your bank. Choosing a solicitor for your conveyancing in Stockton Heath should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the transaction whose role it is to protect your best interests and to protect you.
On occasion a potential adversary will attempt to convince you that it is in your interests to do things their way. As an example, the property agent may claim to be helping by claiming that your solicitor is wrong. Or your mortgage broker may try to convince you to do something that is contrary to your conveyancers advice. You should always trust your lawyer above all other parties in the home moving process.
It has been 2 months since my purchase conveyancing in Stockton Heath completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Stockton Heath differ for new build properties?
Most buyers of new build property in Stockton Heath contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Stockton Heath usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stockton Heath or who has acted in the same development.
If all goes to plan we aim to complete the sale of our £300,000 flat in Stockton Heath on Wednesday in a week. The managing agents has quoted £312 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Stockton Heath?
For most leasehold sales in Stockton Heath conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-exchange questions
Where consent is required before sale in Stockton Heath
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Stockton Heath Leasehold Conveyancing - Sample of Questions you should consider before buying
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How much is the annual service fee and ground rent? Does the lease include onerous restrictions?
Is it possible for you to suggest a conveyancer for buying a house? Ideally someone in the Stockton Heath area, who will contact me via email - not someone who insists on a letter in the post or fax.
The purpose of this site is limited to being a directory service for conveyancers who want to be listed as being on the approved conveyancing panel for Kent Reliance in certain areas for example Stockton Heath . We dont recommend any particular lawyer.