The conveyancer who assisted with my previous purchase has sent a quote for £1200 for fixed fee conveyancing in Amersham. I’m hoping to downsize from a Victorian house for £275,000. This sounds too much. Is it in excess of the average fee for conveyancing in Amersham?
The estimate does seem marginally overpriced. If you shop around you may be able to reduce the fees marginally by perhaps £125. On the other hand, you mightcome to rue opting for an an untested conveyancer. Remember to be sure that the solicitor can also act for your lender. Do use our comparison tool to locate a Amersham conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Amersham.
A friend informed me that in purchasing a property in Amersham there may be various restrictions prohibiting external changes to a property. Is this right?
There are a number of properties in Amersham which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Amersham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously selected solicitors located in Amersham on the Leeds Building Society solicitor approved list. They have just invoiced me an additional charge for handling the Leeds Building Society mortgage. Is this a supplemental conveyancing fee specified by Leeds Building Society?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. The fee is not dictated by Leeds Building Society but by your Amersham solicitor. Plenty of firms on the Leeds Building Society panel will quote an ‘acting for lender’ fee but many practices incorporate it on their overall fee.
We have a mortgage agreed in principle with Virgin Money. Amersham conveyancing solicitors are chosen. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money conducted the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have been told that property searches are a common reason for obstruction in Amersham conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Amersham.
I'm purchasing a new build house in Amersham with a loan from Lloyds TSB Bank. The builders refused to move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not to tell my solicitor about the extras as it would adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey done on a property in Amersham prior to instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend not grant a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Amersham. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the estate of my grandfather I am disposing of a house in Cardiff but I am based in Amersham. My conveyancer (based 300 miles from mehas requested that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Amersham to witness this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Amersham based