houseclearou
Registered User
- Messages
- 60
There are obviously merits with that, however, given the relatively closed shop in this country with relation to conveyancing (which is presumably a formality in the case of new build apartments), are we not always justifed in calling the conveyancing fee a rip off?? (I would'nt call it overcharging because that's just business)People commenting here might be as well off suggesting a practical approach ( e.g. check bill, ask for breakdown, report back) before automatically assuming (a) rip off or (b) bloody solicitors overcharging.
I don't think so. Just look at the different professional conveyancing fees on offer (everything from c. €600 to a percentage of the purchase price). Surely this is evidence that such prices are not fixed and certainly not necessarily rip-offs?Glenbhoy said:are we not always justifed in calling the conveyancing fee a rip off??
On what basis do you assume this to be the case?which is presumably a formality in the case of new build apartments
houseclearou said:If the buyers that the solicitor is representing were to complete on different dates (which may or may not be the case here) then I would have thought that the additional searches would involve nothing more than searches for any changes since the last search.
I had assumed on the basis of rationality (not that often comes into the legal process), I have in the interim got confirmation that my theory does apply at least sometimes, from an experienced solicitor. Obviously, every case is different, but in general according to my acquaintance new build apartments are extremely easy to convey. In most instances the developer actually provides a booklet of title to the vendee solicitor, this is normally done to a very high standard in order to avoid hassles from 50 different solicitors. In other cases the title itself is normally easily defined as the developer registers the plot of land as a new folio (don't really understand all that myself), whilst searches must still be carried out, they normally only entail a few bank charges against the land.ClubMan said:On what basis do you assume this to be the case?
Note that I am not a solicitor.
Lots of qualifiers there that suggest that it's not safe to assume a priori that this to be the norm and, as such, it is probably prudent to proceed with caution. In any case buyers should always get their own individual legal advice and I don't know that doing some sort of bulk deal is feasible, practical or advisable.Glenbhoy said:I had assumed
...
my theory does apply at least sometimes
...
In most instances
...
this is normally done
...
In other cases the title itself is normally easily defined
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?