My previous solicitor has quoted £1350 for no move no fee conveyancing in Astley. I’m looking to sell a newly refurbished property for £125,000. This sounds expensive. Is it in excess of what I should be paying for conveyancing in Astley?
The charges are a bit high. Where you are happy to invest time contrasting charges you could reduce the fees slightly by perhaps a hundred pounds. On the other hand, you mightlive to rue choosing an a cheaper conveyancer. Don't forget to check the firm can represent your mortgage company. Do use our comparison tool to locate a Astley conveyancing practice on the banks member panel which can often include conveyancing solicitors in Astley.
Would the conveyancing practitioners that you recommend carry out right to buy conveyancing in Astley?
We do have plenty of conveyancing conveyancers who can handle right to buy transactions Please e-mail us with a view to secure a costs calculation.
I am buying a right to buy a flat in Astley. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Astley you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Astley.
I am being told by my solicitor that lack of right of way insurance is necessary on my purchase. What is the level of cover for Astley conveyancing?
The appropriate level of lack of right of way indemnity insurance depends on who your lender is. It would differ for example between Lloyds TSB Bank and Norwich and Peterborough Building Society. Conveyancing practitioners as opposed to members of the public take out such policies.
After weeks of negotiation I have agreed a price on an apartment in Astley. My financial adviser recommended their conveyancers. I paid an advanced payment of £200. Soon after, the solicitor called me embarrassingly acknowledging that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Nottingham have agreed my home loan in principle, my bid on a flat in Astley has been agreed to, what happens next?
Your property agent will want to know who your solicitors are (make sure the solicitors are on the lender’s panel). Contact Nottingham or your financial adviser and finalise any outstanding paperwork. Nottingham will instruct a valuer who will get in contact with the selling agent or seller to arrange a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately a week to receive the mortgage offer. Nottingham will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Astley.
I am downsizing from our home in Astley and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the buyers used an internet conveyancing firm rather than a conveyancing solicitor in Astley. We have lived in Astley for 5 years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I am buying a new build house in Astley with a mortgage from The Mortgage Works. The builders would not move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not disclose to my solicitor about the deal as it would put at risk my mortgage with the lender. 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.