My fiance’s uncle is a conveyancing practitioner. I suspect that I'll be able to get friends and family fee for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Bowes Park?
It’s sensible to seek 3 or more like-for-like conveyancing quotes. Make use of our comparison tool on this site. The quotes seem to contrast greatly but service levels do differ between conveyancers as is true with most professions.
We had chosen conveyancers with offices in Bowes Park on the Coventry BS solicitor approved list. They are now charging me an additional amount for handling the Coventry BS mortgage. Is this an additional conveyancing fee set by Coventry BS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. This charge is not set by Coventry BS but by your Bowes Park conveyancer. Some firms on the Coventry BS panel will charge an ‘acting for lender’ fee but plenty of practices incorporate it on their overall fee.
I am purchasing a property in Bowes Park. One unusual aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Lloyds your lawyer must follow the formal requirements contained in Part 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Lloyds where a lease does not meet these specifications. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Bowes Park.
I am currently in the process of buying my council flat in Bowes Park. I have a mortgage offer with Kent Reliance. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
I require quick conveyancing in Bowes Park as I have pressure to complete within 4 weeks. Luckily I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are not obtaining a mortgage you have the choice not to do searches although no law firm would advise that you don't. With lots of history conveyancing in Bowes Park the following are instances of issues that can crop up and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
Over the last few months I have been searching for a flat up to £245,000 and identified one near me in Bowes Park I like with a park and transport links nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Bowes Park for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan that many years will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
I'm converting the mortgage on my existing property to a BTL loan with Santander and intend to use the remaining equity as a down payment on further house. The location we are talking about is Bowes Park. Will your solicitors be able to act for both sets of banks and tie in the two deals?
Do use our search tool on this site to ensure that the conveyancers are on the appropriate lender panels. Having checked that they are your solicitor should be able to simultaneously deal with the two deals but you should talk with you lawyer and communicate your desired outcome and requirements.
Am I best advised to choose a Bowes Park conveyancing practitioner based in the area that I am hoping to buy? I have an old university friend who can deal with the legal work but they are based 400kilometers away.
The primary upside of using a high street Bowes Park conveyancing firm is that you can attend the office to execute documents, hand in your identification documents and pester them where appropriate. Having local Bowes Park know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that should outweigh using an unknown Bowes Park conveyancing solicitor just because they are based in the area.