Just contacted my conveyancing lawyer in Prescot and Knowlsey who conducted the legals 18 months ago asking for a conveyancing estimate based on the same type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a home loan from Clydesdale. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper online property lawyer?
The estimate fees appear a little high. If you you were to look around you might trim some of the cost by say £100 plus VAT. On the other hand, if you were satisfied with the service the firm gave you mightlive to rue opting for an an unknown lawyer. Remember to ensure that the conveyancer can also act for Clydesdale. You can use our search tool to locate a Prescot and Knowlsey conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in Prescot and Knowlsey.
How does conveyancing in Prescot and Knowlsey differ for newly converted properties?
Most buyers of new build or newly converted property in Prescot and Knowlsey come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because developers in Prescot and Knowlsey typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Prescot and Knowlsey or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Prescot and Knowlsey ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may not issue a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Prescot and Knowlsey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Prescot and Knowlsey to see if the conveyancing costs will increase in light of this.
In what way can the Landlord & Tenant Act 1954 affect my commercial premises in Prescot and Knowlsey and how can you help?
The 1954 Act provides security of tenure to business leaseholders, granting the dueness to apply to court for a new lease and remain in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Prescot and Knowlsey is one of the many areas of the UK in which our lawyers are based
I have been informed by numerous friends that it can take 6-8 weeks for Prescot and Knowlsey conveyancing to complete.This was 3 ago. The property information was only forwarded to my property lawyer a couple of days ago so does the clock start running now?
You should take with some degree of scepticism any promises as to expedited completion times. Instead ask the average time it takes for them to complete Prescot and Knowlsey conveyancing transactions and whether they are happy to work towards your proposed completion date for your conveyancing in Prescot and Knowlsey