I was referred a conveyancer who has given a fee calculation of £1150 for no sale no fee conveyancing in Wanstead. I am hoping to downsize from a Victorian detached home for £300,000. This appears too much. Is it above what I should be paying for conveyancing in Wanstead?
The estimate does seem marginally steep. If you are content to invest time contrasting fee on a like for like basis you might trim some of the cost by say £100 plus VAT. That being said, you couldlive to rue choosing an an untested conveyancer. Don't forget to ensure that the conveyancer can act for your mortgage company. Do employ our comparison tool to select a Wanstead conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Wanstead.
Is there a search tool that I can utilise to discover of the solicitor carrying out my conveyancing in Wanstead is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus spending £187.00 plus VAT in additional conveyancing costs.
Please do take advantage of the find a lender approved solicitor tool on this web page. Please choose the mortgage company and type ‘Wanstead’ or your location and you will see a number of lawyer located in Wanstead or nearest you.
I am close to exchanging contracts on the sale of our house in Wanstead and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using an internet conveyancing practice as opposed to a conveyancing solicitor in Wanstead. Having lived in Wanstead for six years we know of no issue. Should we contact our local Authority to get clarification need.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Me and my brother purchased a semi-detached Edwardian property in Wanstead. Conveyancing lawyer acted for me and Coventry Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should assess 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 Wanstead and other locations in 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 check the situation with your conveyancing lawyer who conducted the work.
How does conveyancing in Wanstead differ for newly converted properties?
Most buyers of new build property in Wanstead approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Wanstead typically acquire the site, 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 Wanstead or who has acted in the same development.
I am four weeks into a residential purchase having been referred to conveyancers by the selling agent to carry out the conveyancing in Wanstead. We are not happy. Could you you assist me in finding new conveyancers?
A solicitor 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 must make them aware of the new contact details and ensure the offer are re-sent. Your solicitor ideally needs to be on the mortgage company panel to avoid added costs and delays. So that should be your first question of the new lawyers. The search tool should help you find a bank approved solicitor for your home move in Wanstead