My previous conveyancer has sent a quote for £1700 for fixed fee conveyancing in Boston. I am hoping to downsize from a newly refurbished house for £175,000. This appears too much. Is it in excess of the norm for conveyancing in Boston?
The quote is slightly on the expensive side. Where you are content to expend time scrutinising quotes you may be able to reduce the fees slightly by perhaps a hundred pounds. On the other hand, you mightcome to regret opting for an an unknown solicitor. If is important to ensure that the conveyancer can also act for your bank. Do utilise our search tool to locate a Boston conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Boston.
Our grandson is about to exchange on a new build apartment in Boston with a home loan from UBS. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the UBS conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My brother-in-law has suggested I instruct a conveyancing solicitor in Boston. I I would like to check if they are accepted on the Halifax conveyancing panel. Could you or the lender confirm if they are on the panel?
The first thing you should do is phone your lawyer and ask them if they can act for the lender. Otherwise you can get in touch with Halifax who may be able to confirm.
I have been told that property searches are the primary reason for hinderance in Boston house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Boston.
I am looking for a ground for flat up to £235,500 and identified one close by in Boston I like with open areas and station in the vicinity, the downside is that it's only got 51 years on the lease. I can't really find anything else in Boston suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan the shortness of the lease will be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
Hoping to buy a property located in Boston and I am already nervous. I couldn't find anything specific about Boston. Conveyancing will be needed in due course but do you know about the Boston area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Boston. In the meantime here are some basic statistics that we found