It has taken forever and a day but a loan offer from Santander for the remortgage of my 2 bedroom maisonette is due imminently. Can you recommend a low cost conveyancing law firm in Costessey?
You have arrived at the wrong site to search for a cheap conveyancing in Costessey. Our intention is to offer excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing organisations seducing you with £99 conveyancing in Costessey. The optimum result, in choosing a lawyer for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for additional fees and still not end up with the service you were looking for.
Is there a reason why leasehold purchase conveyancing in Costessey costs more?
In short, leasehold conveyancing in Costessey and Norfolk usually warrants additional work compared to freehold conveyancing. This includes reviewing the lease, liaising with the landlord about serving required notices, procuring up-to-date service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first entered into.
Are all Costessey Conveyancing Quality Solicitors on the TSB conveyancing panel?
Some major banks and building societies now utilise the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
The mortgage over my property is with Nationwide for my property in Costessey. Conveyancing was finalised some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nationwide?
You must advise Nationwide prior to renting your property as this is likely to be a breach of Nationwide’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nationwide directly. It should not be necessary to do this via a Nationwide conveyancing panel lawyer.
I had an offer accepted on a house in Costessey on 9/6/2025, valuation was booked 3 days later, received a clean bill of health. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Skipton and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Skipton conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Costessey is where the house is located. Is there any guidance you can give?
Flying freeholds in Costessey are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Costessey you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Costessey 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 residence.
I'm remortgaging my current house to a buy to let mortgage with Barclays and intend to use the remaining equity as a deposit on a second property. The neighborhood we are looking at is Costessey. Will your lawyers be able to act for the two lenders and link together the transactions?
Make use of our search tool on this site to check that the conveyancers are approved by both mortgage companies. Having checked that they are the lawyer will be able to tie up the two transactions but you should have a chat with you solicitor and make apparent your desired outcome and requirements.
I am in need of some leasehold conveyancing in Costessey. Before diving in I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Costessey - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Costessey Leasehold Conveyancing - Examples of Questions you should consider before Purchasing
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Be sure to find out if there is anything that is prohibited in the lease. For instance some leases prohibit pets being permitted in in a block in Costessey. If you like the flatin Costessey however your dog can’t live with you then you have a very difficult choice. You should want to discover as much as you can about the company managing the block as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to every day issues such as the upkeep of the common parts. Ask other tenants what they think of their service. On a final note, find out the dates that the maintenance fees are due to the relevant party and specifically what you get for your money.