The solicitor who dealt with my former purchase has quoted £1350 for freehold conveyancing in Bearsted. I am hoping to sell a modern house for £150,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Bearsted?
The charges are a little high. If you shop around you could get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you couldlive to rue opting for an an unknown conveyancer. Don't forget to ensure the firm can act for your mortgage company. Do employ our search tool to locate a Bearsted conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Bearsted.
Forgive me if this question is silly but I am wet behind the ears as a first time buyer of a ground floor flat in Bearsted. Do I collect the keys to the premises on completion from my conveyancer? If this is the case, I will find a local conveyancing solicitor in Bearsted?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and once they have received this, you will be called to pick up the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
We had selected solicitors based in Bearsted on the Yorkshire BS solicitor approved list. They have just invoiced me a supplemental sum for the legal aspects of the Yorkshire BS mortgage. Is this an additional conveyancing fee specified by Yorkshire BS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your lawyer can levy a fee for this. This fee is not dictated by Yorkshire BS but by your Bearsted conveyancing practitioner. Plenty of firms on the Yorkshire BS panel will charge an ‘acting for lender’ fee and others do not.
After much negotiation I have agreed a price on a house in Bearsted. My financial adviser pressured me to appoint their property lawyer. I paid an on account payment of £225. Soon after, the solicitor called me sheepishly admitting that they were not on the Yorkshire BS 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 Yorkshire BS 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.
Just acquired a detached house in Bearsted , how long should it take for the Land Registry to record the transfer to my name? My Bearsted conveyancing solicitor has been painfully slow, so I want to be sure that my purchase is recorded.
There is nothing unique about conveyancing in Bearsted registration formalities. Rather than based on location, timescales can adjust subject to the party submitting the application, whether it is in order and whether the Land registry communicate with any third parties. Currently roughly three quarters of submission are completed in less than three weeks but some can be subject to longer delays. Historically registration occurs after the buyer is living at the property so post completion formalities is not usually top priority but where it is urgent that the the registration takes place urgently then you or your conveyancer could speak with the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, chain free conveyancing. Bearsted is where the house is located. What do you suggest?
Flying freeholds in Bearsted are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bearsted you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bearsted may decide 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 property.
Am I best advised to appoint a Bearsted conveyancing lawyer based in the vicinity that I am hoping to buy? I have an old university friend who can handle the conveyancing but they are based 400miles drive away.
The primary upside of using a high street Bearsted conveyancing practice is that you can visit the firm to execute paperwork, deliver your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and they were happy that must surpass using an unknown Bearsted conveyancing solicitor solely due to them being local.