The conveyancer who helped my previous purchase has given a fee calculation of £1350 for freehold conveyancing in Bosham. I am hoping to sell a modern detached home for £150,000. This sounds over the top. Is it above the norm for conveyancing in Bosham?
The quote is fractionally on the expensive side. If you shop around you might reduce the fees marginally by as much as a hundred pounds. On the other hand, you maycome to rue opting for an an untested lawyer. Don't forget to ensure that the firm can act for your lender. Do make use of our comparison tool to select a Bosham conveyancing company on the banks member panel which can often include conveyancing solicitors in Bosham.
There are a variety of conveyancing solicitors in Bosham but how do I know who's good?
Do not opt for the lowest Bosham conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
We have agreed to purchase a house in Bosham. A rare aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Nationwide your lawyer must comply with the formal instructions set out in Section 2 of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook includes minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Nationwide where a lease fails to satisfy these provisions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Bosham.
I have finally had an offer on a flat in Bosham accepted, the vendors do nevertheless have a connected purchase. The owners have offered on a property, but it’s not yet tied up, and have viewings of other flats in the pipeline. I have chosen a high street conveyancing solicitor in Bosham. What should be my next step? When should I get the mortgage application with Santander started?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then valuation, Bosham conveyancing search fees, etc). The first thing to do is check that your lawyer is on the Santander conveyancing panel. As to the subsequent steps this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a rising market some purchasers will apply for the mortgage with Santander and pay for the valuation and only if it was satisfactory would they request their property lawyer to proceed with searches.
We are downsizing from our home in Bosham and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers instructed a nationwide conveyancing firm as opposed to a conveyancing solicitor in Bosham. We have lived in Bosham for 5 years we know of no issue. Should we contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should 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'm buying a new build house in Bosham benefiting from help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not reveal to my solicitor about this deal as it could adversely affect my mortgage with the bank. Is this normal?.
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 am looking into buying my first house which is in Bosham and I am already nervous. I couldn't find anything specific about Bosham. Conveyancing will be needed in due course but do you know about the Bosham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bosham. In the meantime here are some basic statistics that we found
How easy is it to change a solicitor as I need to find a Bosham based one who is on the mortgage company conveyancing panel. How simple is it to change conveyancer?
If you haven't yet appointed a conveyancer to commence the conveyancing and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Bosham that you're considering.