PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Solicitor's bill has come through - OMG!?!?!

124»

Comments

  • geoffky
    geoffky Posts: 6,835 Forumite
    Depends - on our rcent purchase all our contact was with an actual solicitor.

    and mine.....she was great,,
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well, I was being serious, but in the past when I've done the sums interest rates were much higher. Don't you have some implied duty of care to get more than 0.1% on your client account?

    Tell me where I can get it then!
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    GDB2222 wrote: »
    Well, I was being serious, but in the past when I've done the sums interest rates were much higher. Don't you have some implied duty of care to get more than 0.1% on your client account? ;)
    GDB - you're thinking of things like the Tesco e-savings account?

    Richard is talking about business acounts. He could not put your £30K deposit in a domestic customer's savings account.

    Nor could he mess around switching accounts all the time when the '12 month bonus period' expired! He spends his time looking for legal issues in conveyancing, not playing around with miniscule % points on bank accounts!
  • GDB2222
    GDB2222 Posts: 26,322 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tell me where I can get it then!

    Ah, you're right! I was thinking of something like the Natwest Deposit Manager account, but I see they've reduced the rate to 0.1%.

    You could try the Santander Business Direct Account - 1% on balances over £10k, 0.25% on lower balances. http://www.santander.co.uk/csgs/Satellite?appID=abbey.internet.Abbeycom&canal=CABBEYCOM&cid=1237863672332&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateB2

    But the Santander a/c doesn't offer separate sub-accounts for each client to make the accounting easy.

    0.1% seems incredibly low. Have you asked other firms what they are doing?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    geoffky wrote: »
    and mine.....she was great,,


    Mine too, sole practitioner.
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Richard is talking about business acounts. He could not put your £30K deposit in a domestic customer's savings account.

    Nor could he mess around switching accounts all the time when the '12 month bonus period' expired! He spends his time looking for legal issues in conveyancing, not playing around with miniscule % points on bank accounts!

    True.

    Also, moving a banks is not done lightly. Would Santander offer me a terminal so that could make CHAPs payments on line or would I have to send someone down to the branch each time I wanted to make one?

    The Clients Account has to be instant access. Where I am it is a choice of Lloyds TSB, Barclays, HSBC and Nat West. I can't see any point in moving if I am otherwise satisified with the service I get from my bank.
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • molerat
    molerat Posts: 34,705 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Doozergirl wrote: »
    Conservatories shouldn't need Building Regs in England and Wales. Is it open to the house or are there doors? Is it very big?

    Nor would a loft conversion if it isn't a proper room and included in the price of the sale as a room, iyswim.

    Searches and disbursements nearly always seem to be about £500, so that's where I'd expect your bill to be. Indemnities on top, of course, if the vendors are not paying, but I'd query whether you need two of them!
    Clarified it for you ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.