Our family solicitor has quoted just over a thousand pound for freehold conveyancing in Bloxwich. I am selling a purpose built property for £125,000. Is this too much? Is it in excess of what I should be paying for conveyancing in Bloxwich?
The estimate does seem marginally steep. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, you couldcome to regret choosing an an untested lawyer. Remember to enquire that the solicitor can act for your mortgage company. Do utilise our comparison tool to select a Bloxwich conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Bloxwich.
All was ready to complete my purchase in Bloxwich next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What risks does the bank expect the insurance to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These obligations are not unique to conveyancing in Bloxwich.
Having sold my house in Bloxwich last October yet the purchaser is texting me complaining that her solicitor is waiting to hear from myconveyancer. What are the post completion sale formalities following completion?
Following your sale your solicitor is duty bound to send the transfer deeds and all of the paperwork to the purchaser's solicitors. If applicable, your solicitor should also confirm that the legal charge in favour of the lender has been discharged to the buyers lawyers. There are no post completion formalities just for conveyancing in Bloxwich.
Just acquired a semi-detached house in Bloxwich , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Bloxwich conveyancing solicitor has been very slow, so I want to be certain that my purchase is recorded.
As far as conveyancing in Bloxwich registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can differ according to who lodges the application, whether there are errors and if the Land registry need to notify any interested persons or bodies. At present in the region of 80% of submission are fully addressed in less than three weeks but occasionally there can be extensive hold-ups. Historically registration occurs after the new owner has moved in to the property thus post completion formalities is not typically top priority but where there is a degree of urgency associated with the registration then you or your conveyancer should communicate with the Registry to express the reasoning for an expedited registration.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Bloxwich is where the house is located. Can you offer any advice?
Flying freeholds in Bloxwich are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bloxwich you must be sure that your lawyer goes 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 Bloxwich may ascertain 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.