I am in the throes of changing my domestic mortgage to a Buy to Let Platform Home Loans Ltd mortgage. I was told by my mortgage that I require a conveyancer as part of the process. I had a chat my former Comberton conveyancing solicitor who acted on my behalf when I originally bought the property. The fee calculation they've given of £575 plus disbursements has surprised me as I am not require purchase conveyancing - it’s just a bog-standard refinance.
The costs illustration is slightly on the steep side. Where you are prepared to invest time contrasting prices you could trim some of the cost by say a hundred pounds. That being said, providing that you were pleased with the legal work the firm provided you maycome to regret opting for an an untested solicitor. Remember to enquire the firm can also act for Platform Home Loans Ltd. Do employ our search tool to find a Comberton conveyancing firm on the Platform Home Loans Ltd conveyancing panel, which can often include conveyancing solicitors in Comberton.
We have very brash vendors who has recommended a preliminary agreement with a non-refundable deposit of 5k. Is it wise to enter into such agreements?
There are two main downsides with signing a lock out agreement (also termed a no-shop agreement) is that it takes away the focus from moving forward with the conveyancing process, so unless it requires little or no negotiation then it could turn out to be unhelpful. It is not particularly popular by Comberton conveyancing practitioners for this reason. A supplemental negative is the extent of the remedies available - an aggrieved purchaser is very unlikely to be granted an injunction to prohibit the seller selling to an alternative purchaser, so the only remedy available under the contract will be the reimbursement of wasted costs and, in restricted situations, the additional payment of penalties.
We are close to exchanging contracts on the sale of our house in Comberton and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers are using an internet conveyancing practice rather than a conveyancing solicitor in Comberton. We have lived in Comberton for many years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must 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 sickness)
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Comberton is the location of the property. Can you offer any opinion?
Flying freeholds in Comberton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Comberton you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Comberton 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.
Am I best advised to choose a Comberton conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can execute the conveyancing but his firm is located 200kilometers away.
The primary upside of using a high street Comberton conveyancing practice is that you can visit the firm to execute paperwork, present your identification documents and apply pressure on them where appropriate. Having local Comberton know how is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and the majority were content that must surpass using an unknown Comberton conveyancing solicitor solely due to them being local.
I am Googling for Comberton competitive conveyancing fees. Can I be confident that all the Comberton firms that are listed on your directory are on the lender conveyancing panel?
The law firms on our directory have advised us that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Comberton conveyancing solicitor being on the mortgage company conveyancing panel is incorrect.