My family solicitor has given a fee calculation of £1350 for freehold conveyancing in Northwood. I am hoping to downsize from a modern detached home for £250,000. This sounds too much. Is it above what I should be paying for conveyancing in Northwood?
The charges are a tad high. If you shop around you may be able to decrease the fees slightly by as much as £125. On the other hand, you maycome to rue choosing an an untested solicitor. Remember to enquire that the firm can represent your lender. You can employ our search tool to get a quote a Northwood conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Northwood.
It is a dozen years since I acquired my home in Northwood. Conveyancing solicitors have now been appointed on the sale but I am unable to track down my title deeds. Is this a major issue?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they may be archived with the conveyancers who oversaw the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Northwood involves registered property but in the unlikely event that your home is unregistered it is more problematic but is not insurmountable.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Northwood is the location of the property. Is there any guidance you can impart?
Flying freeholds in Northwood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Northwood you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Northwood may ascertain 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 premises.
What does commercial conveyancing in Northwood cover?
Northwood conveyancing for business premises covers a wide range of guidance, provided by qualified solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My wife and I have recently had an offer accepted on a house and had an appointment on Tuesday with Nationwide for the mortgage. They warned us that when it comes to appointing a property lawyer that if they are not on their approved panel of conveyancers then we will be subject to an a further charge of £250+. This is because they will then have to select a conveyancer to act for them in addition to the one we choose to act on our behalf and we will be on the hook for their fees. I have asked Nationwide to furnish me with a list so I can obtain quotes only from their approved conveyancers but was told they dont have such a list to hand over. Is their an easier way of going about this?
You can enquire of Nationwide what their criteria for joining their panel is for a conveyancer.Thereafter ask the lawyer of your choice whether they meet the criteria and have they acted on mortgages for Nationwide previously. If the answer to those is yes, then just double check with Nationwide. Alternatively please make use of our search tool and we should be able to identify a conveyancing practitioner in Northwood on the panel for Nationwide.