The lawyer who helped my former purchase has given a fee estimate £1400 for no sale no fee conveyancing in Datchet and Langley. I am looking to sell a Georgian house for £200,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Datchet and Langley?
The estimate does seem marginally overpriced. Where you are prepared to spend time contrasting quotes you could get the conveyancing a bit cheaper by as much as £100 plus VAT. On the other hand, you maylive to regret choosing an an unknown lawyer. If is important to ensure the firm can act for your bank. You can utilise our comparison tool to select a Datchet and Langley conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Datchet and Langley.
Can you vouch for a Lloyds TSB Bank sanctioned Datchet and Langley conveyancing firm that can complete within less than a month? Would it be better to use a local Datchet and Langley conveyancer or a national comparison site?
We would be happy to suggest some excellent Datchet and Langley conveyancing firms. Another option is to visit the high street in Datchet and Langley. Visit a couple of law practices and ask to see a conveyancing solicitor for a costs illustration. Mention your requirements together with your reasons and get an assurance on speed. Appoint the one that appears most efficient.
I am the sole beneficiary of my late mum's estate with all property in now in my sole name, including the my former home in Datchet and Langley. The Datchet and Langley property was put into my name in January. I plan to dispose of the house. I understand that there is a CML six month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the property in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some lenders would take a pragmatic view as this requirement is primarily there to identify subsales or the wholesaling and assigning of properties.
We previously chose conveyancing lawyers locally in Datchet and Langley on the Clydesdale solicitor approved list. They have just invoiced me an additional fee for handling the Clydesdale mortgage. Is this a supplemental conveyancing fee set by Clydesdale?
Provided it is contained in their Terms of Engagement or estimate then yes your property lawyer is entitled to charge a fee for this. The fee is not dictated by Clydesdale but by your Datchet and Langley solicitor. Some firms on the Clydesdale panel will levy ’dealing with mortgage’ fee but many firms include it on their overall fee.
Last month we had a mortgage agreed in principle with Principality. Datchet and Langley conveyancing practitioners have been appointed. How long does it take for Principality to send the offer to the solicitor?
There is no definitive answer here. Have Principality done the valuation? Have you informed Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Various internet forums that I have frequented warn that are the primary cause of hinderance in Datchet and Langley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Datchet and Langley.
I was pointed in your direction by a number of property agents in Datchet and Langley to choose a conveyancer on your site. What’s the financial incentive for Estate Agents to offer your lawyers over and above a competitor’s?
We don’t give any commission for sending work our way. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.