Recently contacted my conveyancing lawyer in Barlestone who acted for me 18 months ago requesting a conveyancing estimate based on the same type of house move (a leasehold residence and a freehold property) of almost identical values with a mortgage from HSBC Bank. It looks as though am now being quoted twice the amount. Should I look for an alternative conveyancer?
The estimate fees are a bit high. If you are willing to spend time comparing costs you may be able to reduce the fees slightly by perhaps £100 plus VAT. That being said, providing that you were content with the service the firm offered you couldlive to rue opting for an an untested conveyancer. Don't forget to ensure the conveyancer can act for HSBC Bank. Do use our search tool to get a quote a Barlestone conveyancing firm on the HSBC Bank conveyancing panel, which can often include conveyancing solicitors in Barlestone.
I am purchasing a property mortgage free in Barlestone. I have resided for the previous 20 years in Barlestone. Conveyancing searches are a lot of money. Given that I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Barlestone conveyancing searches are optional. Your lawyer will try and sway you, perhaps strongly, that you should have searches carried out, but he is duty bound to take that path of advice. One thing to take into account; if you are intend to dispose of the house one day, it will be of relevance to your prospective purchaser what the searches contain. On occasion houses with no practical issues can still throw up unfavourable search results. A competent conveyancing solicitor in Barlestone will be able to give you some practical advice in this regard.
Me and my brother purchased a semi-detached Georgian property in Barlestone. Conveyancing practitioner represented me and Nottingham Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Barlestone and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing practitioner who completed the work.
I am buying my first flat in Barlestone with a loan from Barclays . The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not inform my solicitor about this extras as it would adversely affect my loan with Barclays . Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Barlestone is where the house is located. Can you offer any opinion?
Flying freeholds in Barlestone are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Barlestone 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 Barlestone may decide 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.
I'm refinancing my existing house to a BTL mortgage with Norwich and Peterborough Building Society and I will use the rest of the raised equity as a deposit on another house. The location we are interested in is Barlestone. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Do use our comparison tool on this site to check that the conveyancers are on the relevant lender panels. On the basis that they are your conveyancer will be able to simultaneously deal with the two deals but you should have a chat with you lawyer and make apparent your expectations and requirements.