Just contacted my conveyancing solicitor in Chafford Hundred who acted for me two years ago asking for a conveyancing costs illustration based on the same type of house move (a leasehold premises and a freehold premises) of similar values with a home loan from Nationwide Building Society. I am now being charged double. Should I look for an alternative property lawyer?
The estimate fees are a little high. If you are willing to expend time comparing costs you may be able to decrease the fees marginally by as much as £100 plus VAT. On the other hand, assuming were content with the conveyancing the firm offered you couldlive to regret opting for an a cheaper solicitor. Remember to check that the firm can also act for Nationwide Building Society. Do make use of our search tool to find a Chafford Hundred conveyancing firm on the Nationwide Building Society approved list of lawyers, which can often include conveyancing solicitors in Chafford Hundred.
Can you help? My Chafford Hundred solicitor is informing me me that she is duty bound toconduct Chafford Hundred conveyancing searches asthe firm are on the Virgin Moneysolicitor panel. Do I not have a choice here?
Unfortunately both you and your lawyer have little choice here. As you are taking a home loan with a lender your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Chafford Hundred conveyancing searches.
Will my solicitor be making enquiries regarding flooding during the conveyancing in Chafford Hundred.
Flooding is a growing risk for solicitors dealing with homes in Chafford Hundred. There are those who buy a property in Chafford Hundred, completely aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to give advice on flood risk, however there are a number of searches that can be carried out by the purchaser or by their lawyers which will give them a better understanding of the risks in Chafford Hundred. The standard completed inquiry forms sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the seller to discover if the property has suffered from flooding. In the event that the premises has been flooded in past and is not disclosed by the vendor, then a buyer could issue a compensation claim resulting from an misleading answer. The purchaser’s conveyancers will also carry out an environmental search. This should indicate whether there is a recorded flood risk. If so, more detailed investigations should be made.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Chafford Hundred is the location of the property. What do you suggest?
Flying freeholds in Chafford Hundred are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chafford Hundred you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chafford Hundred may ascertain 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.
Do I need to be concerned that 3rd parties that I am dealing with are recommending a factory type conveyancing firm rather than a High Street Chafford Hundred conveyancing company?
As with lots of service providers, often recommendations from relatives can be very helpful. But there are numerous players in a conveyancing transaction; estate agents, financial adviser and lenders might all recommend conveyancers to instruct. Sometimes these lawyers might be known to one of the organisations as being good in their field, but occasionally there might be a commercial relationship behind the recommendation. You are free to select your own conveyancer. Don't forget that the majority of lenders specify a panel list of law firms you have to use for the lender related work in your conveyancing.
I need to find a conveyancing solicitor for purchase conveyancing in Chafford Hundred. I happened to chance upon a site which seems to have the perfect solution If it is possible to get all this stuff completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?