Just been in touch with my conveyancing solicitor in Chichester who completed the legal work two years ago and wanted a conveyancing estimate based on an identical type of house move (a leasehold residence and a freehold property) of similar values with a home loan from The Mortgage Works. I am now being charged twice the amount. Should I hunt for an alternative firm of conveyancing solicitor?
The estimate does seem a tad overpriced. Where you are prepared to invest time scrutinising costs you may be able to decrease the fees slightly by say £100 plus VAT. On the other hand, providing that you were content with the assistance the firm offered you couldcome to rue opting for an an untested lawyer. Remember to enquire the firm can act for The Mortgage Works. Do utilise our search tool to find a Chichester conveyancing firm on the The Mortgage Works conveyancing panel, which can often include conveyancing solicitors in Chichester.
It is 10 years ago since I purchased my house in Chichester. Conveyancing solicitors have now been retained on the sale but I can't track down the deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be kept by your lender or they could stored with the conveyancers who acted in the purchase. Secondly the chances are that the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Most conveyancing in Chichester involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
I have been told that property searches are the primary reason for hinderance in Chichester conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Chichester.
I am buying my first flat in Chichester benefiting from help to buy. The developers would not move on the amount so I negotiated 6k of extras instead. The estate agent suggested that I not inform my solicitor about this deal as it may put at risk my mortgage with the lender. Should I keep quiet?.
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 decided to have a survey completed on a house in Chichester before appointing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some banks tend not issue a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you e-mail us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chichester. Conveyancing will be smoother if you use a solicitor in Chichester especially if they regularly deal with such properties in Chichester.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Swansea but reside in Chichester. My conveyancer (approximately 250 kilometers from meneeds me to execute a stat dec ahead of completion. Could you suggest a conveyancing practitioner in Chichester who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Chichester based