The conveyancer who dealt with my last purchase has given a fee calculation of £1700 for freehold conveyancing in Cotswolds.I am selling a Victorian house for 300,000 + 25k increments. Are these estimated fees excessive. Is it in excess of what I should be paying for conveyancing in Cotswolds?
The charges are a little high.If you are happy to invest time comparing costs you could get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you mightcome to regret opting for an an unknown lawyer. Remember to be sure that the firm can represent your bank.You can make use of our search tool to locate a Cotswolds conveyancing firm on the banks member panel which can often include conveyancing solicitors in Cotswolds.
There are numerous conveyancing solicitors in Cotswolds but how do I know who's good?
Do not opt for the lowest Cotswolds conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Cotswolds I like with a park and railway links nearby, however it's only got 52 years on the lease. There is not much else in Cotswolds in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage that many years may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.