My family lawyer has sent a quote for £1700 for freehold conveyancing in Culcheth. I am selling a Edwardian property for £300,000. Is this too much? Is it in excess of what I should be paying for conveyancing in Culcheth?
The charges are a bit high. If you shop around you may be able to reduce the fees slightly by as much as £125. On the other hand, you mightlive to rue opting for an an unknown lawyer. If is important to enquire the solicitor can act for your mortgage company. You can employ our comparison tool to choose a Culcheth conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Culcheth.
Are there restrictive covenants that are commonly picked up during conveyancing in Culcheth?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Culcheth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm purchasing a new build house in Culcheth with the aid of help to buy. The builders would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about the side-deal as it will put at risk my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been recommended by a number of property agents in Culcheth to get a quote from a conveyancer on your site. What’s the financial advantage for Estate Agents to market your lawyers rather than alternative conveyancing organisations?
We don’t give any referral fee for sending work in our direction. We thought it would be too underhand a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
We're new to the buying process - agreed a price, but the property agent has warned us that the vendor will only proceed if we appoint their chosen solicitors as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Culcheth
It is improbable the sellers are driving this. Should the vendor require ‘a quick sale', turning down a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are genuine buyers (b)you are ready to progress, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your preferred Culcheth conveyancing lawyers - rather thanthe ones that will earn the negotiator at the agency a introducer fee or meet his conveyancing figures pre-set by head office.