I was referred a lawyer who has given a fee calculation of £1400 for no sale no fee conveyancing in Marks Gate. I am hoping to downsize from a Victorian detached home for £275,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Marks Gate?
The estimate does seem a tad overpriced. If you shop around you may be able to shave off some of the cost by say £100 plus VAT. That being said, you couldcome to rue opting for an an untested solicitor. Remember to enquire that the firm can act for your bank. You can utilise our search tool to get a quote a Marks Gate conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Marks Gate.
We are a couple about to exchange contracts for a property in Marks Gate. We encountered a stumbling block. Our loan offer with Nottingham Building Society runs out on 17/1/2025 but the owners are suggesting a completion date of 21/1/2025. Is it possible to extend the mortgage offer?
The person best placed to deal with your question is your lawyer who is in a position to determine whether he or she is corresponding with the mortgage company, vendor’s conveyancers, selling agents or conceivably all parties based on the circumstances your conveyancing to date.
I am mortgaging my house in Marks Gate, does my lawyer have to be on the Principality Solicitor panel?
There is nothing to stop you using your solicitor, but Principality will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
How does conveyancing in Marks Gate differ for new build properties?
Most buyers of new build residence in Marks Gate contact us having been asked by the seller to exchange contracts and commit to the purchase even before the property is built. This is because developers in Marks Gate tend to buy the real estate, 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 property lawyers 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 used to new build conveyancing in Marks Gate or who has acted in the same development.
How straightforward is it to use your search tool to locate a conveyancing solicitor in Marks Gate on the approved list for my bank?
1st pick a bank such as Santander, Skipton Building Society or Barclays Direct then specify your preferred area a common one being Marks Gate. Conveyancing organisations in Marks Gate and further afield will then be shown.