My previous conveyancer has sent a quote for £1350 for no sale no fee conveyancing in Chepstow. I am looking to sell a newly refurbished property for £275,000. Is this overpriced? Is it above what I should be paying for conveyancing in Chepstow?
The charges are a tad high. Where you are happy to expend time comparing quotes you might reduce the fees marginally by as much as £100 plus VAT. That being said, you couldcome to rue choosing an an untested solicitor. Don't forget to be sure that the conveyancer can represent your mortgage company. You can use our comparison tool to find a Chepstow conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Chepstow.
We are buying a flat and require a conveyancing solicitor in Chepstow who is on the Virgin Money approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Chepstow.
My house in Chepstow is up for sale and I have a purchaser. Does my lawyer need to be on the Bank of Ireland conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
Me and my partner are purchasing a house in Chepstow. It might be a silly question but how we can trust a solicitor? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
This question may be naive but I am unexperienced as FTB of a ground floor flat in Chepstow. Do I pick up the keys to the property on completion from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in Chepstow?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and once they have received this, you should be able to pick up the keys from the selling Agents and start moving into the property. Usually this occurs early afternoon.
I am the sole recipient of my late grandmother’s estate and I have everything in my name now, including the my former home in Chepstow. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership could be considered the same way as though I had purchased the property in January. Is the property unsalable for six months?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view banks take of it, depend on the bank as this provision is principally there to capture the purchase and immediately sell or the flipping of properties.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The conveyancers who did the conveyancing in Chepstow 4 years ago are no longer around. What are my next steps?
Nowadays there are copies made of almost everything, and your lawyer should know precisely where to locate all the appropriate documentation so you may purchase or dispose of your house without any difficulty. If duplicates can’t be located, your conveyancer can put in place insurance or indemnities protecting you against possible claims on the property.