Just been in touch with my conveyancing lawyer in Crowborough who completed the legal work two years ago and wanted a conveyancing estimate based on the same type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a loan from Nottingham Building Society. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The estimate does seem a little steep. Where you are willing to expend time comparing costs you might reduce the fees slightly by say a hundred pounds. On the other hand, if you were content with the assistance the firm offered you maylive to regret opting for an a cheaper solicitor. Remember to check that the firm can also act for Nottingham Building Society. You can make use of our search tool to locate a Crowborough conveyancing firm on the Nottingham Building Society approved list of lawyers, which can often include conveyancing solicitors in Crowborough.
Is there a reason why leasehold purchase conveyancing in Crowborough costs more?
Crowborough leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
What is the optimum way to find out if the solicitor conducting my conveyancing in Crowborough is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Royal Bank of Scotland thus paying £192.00 in supplemental conveyancing fees.
Please do make the most of the search tool on this site. Please choose the mortgage company and type ‘Crowborough’ or your preferred area and you will discover a number of lawyer located in Crowborough or near you.
Please help - my lawyer advises that defective lease insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Crowborough?
The right level of defective lease indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
I have paid off my mortgage with Santander. I assume I don't need a Crowborough conveyancer on the Santander panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Santander mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Santander mortgage from the register. Santander, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
About to purchase apartment in Crowborough. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Crowborough conveyancer is on the Barclays conveyancing panel.
I have been on the look out for a leasehold apartment up to £245,000 and identified one round the corner in Crowborough I like with open areas and railway links nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Crowborough for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage that many years will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I am downsizing from my house. My past conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Crowborough if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Crowborough. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.