The conveyancer who assisted with my previous purchase has given a fee estimate £1700 for no sale no fee conveyancing in Glastonbury. I am selling a modern detached home for £300,000. Is this overpriced? Is it in excess of the norm for conveyancing in Glastonbury?
The charges are a tad high. Where you are happy to invest time comparing charges you might trim some of the expense by say a hundred pounds. That being said, you couldcome to rue opting for an an untested lawyer. Remember to ensure the solicitor can represent your lender. You can use our comparison tool to locate a Glastonbury conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Glastonbury.
When can the exchange of contracts occur in residential conveyancing in Glastonbury and do I need to attend the lawyers office?
If you are round the corner to our conveyancing solicitors in Glastonbury you are welcome to come in to sign the paperwork. That being said, the firms we recommend provide a national conveyancing service and give just as comprehensive and professional a job for you when dealing with you by post or email. The executing of the purchase agreement is not the point of no return. Signing on the dotted line is necessary for the conveyancer to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Glastonbury)to be in the office available at the end of the phone to exchange contracts.
Due to the encouragement of my in-laws I had a survey completed on a property in Glastonbury before instructing solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks will not issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Glastonbury. Conveyancing will be smoother if you use a solicitor in Glastonbury especially if they regularly deal with such properties in Glastonbury.
I have been recommended by a few property agents in Glastonbury to locate a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to recommend your site rather than a competitor’s?
We don’t offer any referral fee for pointing buyers and sellers to this site. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Why do Glastonbury conveyancing costs are higher for leasehold and freehold properties?
Leasehold conveyancing in Glastonbury can involve additional work such as reviewing the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.