My family lawyer has given a fee estimate £995 for fixed fee conveyancing in West Croydon. I am looking to sell a newly refurbished house for £225,000. This appears too much. Is it in excess of the average fee for conveyancing in West Croydon?
The quote is fractionally on the high side. Where you are happy to invest time contrasting charges you might trim some of the expense by say £125. On the other hand, you maycome to regret opting for an an untested lawyer. Don't forget to enquire the conveyancer can represent your lender. You can make use of our search tool to select a West Croydon conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in West Croydon.
Do lenders provide you with an approved list of West Croydon conveyancing solicitors? How do you know who is on the Santander conveyancing panel?
West Croydon conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a quick, chain free conveyancing. West Croydon is where the house is located. Can you shed any light on this issue?
Flying freeholds in West Croydon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Croydon you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Croydon may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My husband and I are 18 days into a residential purchase having been directed to solicitors by the local agent to handle our conveyancing in West Croydon. I am am very disappointed with the level of service. Could you you assist me in finding new lawyers?
They would need to be very poor in order to consider changing them. Has the mortgage offer been issued? In the event that it has you need to advise them of the new solicitor and ensure the loan are re-sent. Your new conveyancer should be on the mortgage company approved list to avoid supplemental costs and complications. That should be your first question of the new conveyancers. The search tool should help you find a bank approved lawyer for your home move in West Croydon
My husband and I are purchasing a four bedroom flatin West Croydon with a mortgage from a mortgage company. We wish to instruct our conveyancer in West Croydon but our bank says she’s not listed on their "panel". It seems we have little choice but to instruct from the our bank panel solicitors or stay with our West Croydon conveyancer and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that our bank use our West Croydon lawyer?
No, not really. The mortgage company mortgage offered to you is subject to its terms and conditions, one of which will be that solicitors will on the mortgage company's conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels, including almost all conveyancing solicitors in West Croydon : a mortgagee could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for your bank.