My family lawyer has quoted £1200 for no sale no fee conveyancing in Brimsdown. I’m looking to sell a Edwardian house for £175,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Brimsdown?
The estimate does seem marginally overpriced. Where you are willing to invest time scrutinising quotes you could reduce the fees marginally by perhaps £125. That being said, you maycome to regret choosing an a cheaper conveyancer. Don't forget to check that the conveyancer can represent your lender. You can make use of our comparison tool to find a Brimsdown conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Brimsdown.
I am the registered owner of a freehold property in Brimsdown but still invoiced for rent, why is this and what is this?
It is rare for properties in Brimsdown and has limited impact for conveyancing in Brimsdown but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
In reading consumer advice sites for a cheap lawyer in Brimsdown, most advise that I must look for a CQS kitemarked lawyer. What is CQS?
Brimsdown Conveyancing Quality Scheme solicitors have achieved accreditation under the Law Society's Scheme (CQS) CQS was brought about to establish evidence of quality standards in the home buying process. CQS enables house movers to identify solicitor firms that provide a quality residential conveyancing. Brimsdown is one of the many areas in England and Wales in which CQS are located. The scheme requires law firms to undergo a strict assessment, compulsory training, self-certification, spot checks and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Building Societies Association.
I am assisting my niece sell her property in Brimsdown. Does the conveyancer commission an energy assessment or should I organise this?
Following the demise of Home Packs, EPC’s remained a required part of moving property. An EPC needs to be to hand before the property is placed on the market. It is not a task that law firms ordinarily arrange. If you are instructing a Brimsdown conveyancing practitioner they may be able to arrange energy performance certificates due to their contacts with long established local providers
After weeks of negotiation I have agreed a price on an apartment in Brimsdown. My mortgage broker suggested a solicitor. I paid an upfront payment of £175. Shortly after, the conveyancer contacted me to say that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Planning on purchasing a maisonette in Brimsdown. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Brimsdown property lawyer is on the Kent Reliance conveyancing panel.
22 days into purchasing a property in Brimsdown. Conveyancing lawyer has told us the property is "Leasehold". Will this likely make a difference on our home loan valuation?
Brimsdown conveyancing does not usually involve leasehold houses. The main consideration here is the length of lease and the ground rent. If there are over a hundred years remaining with a peppercorn rent, it's virtually freehold, so it shouldn't impact the marketability significantly.
At the other end of the spectrum, if it's, say, 50 years it is bound to have a significant impact on the saleability, and probably wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be set out in the lease which should be made available to your conveyancing practitioner.