My friend's step-father is a property lawyer. I expect that I can be offered mate’s pricing for conveyancing, However if that does not come materialise, what kind of costs would I typically be looking at for conveyancing in Deal?
It’s sensible to look for two or three conveyancing estimates. Do use our search tool on this page. You will notice that estimates do vary but service levels do are distinct between solicitors as is true with most professions.
My husband and I are acquiring a brand new duplex in Deal and my conveyancer is advising me that she is duty bound to the lender to reveal incentives from the developer. I am nearing the developer’s deadline to exchange contracts and I don't want to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am being told by my solicitor that restrictive coveneant insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Deal?
The appropriate level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between Santander and Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such policies.
When it comes to mortgage companies such as RBS, do Deal conveyancing practitioners incur a fee to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
I had a mortgage agreed in principle with UBS. Deal conveyancing lawyers are instructed. How long does it take for UBS to send the offer to the lawyer?
Some lenders take longer than others. Have UBS done the valuation? Have you informed UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am 17 days into a leasehold purchase having been directed to solicitors by the local agent to carry out the conveyancing in Deal. I am not happy. Could you you assist me in finding new conveyancers?
They would have to be really bad to suggest replacing them. Has the loan offer been generated? In the event that it has you must advise them of the new contact details and get the offer are re-issued. Your new solicitor ideally needs to be on the lenders panel to avoid escalating fees and frustration. So that should be your first question of the new solicitors. The search tool should help you find a bank approved conveyancer for your home move in Deal
What are your top tips when it comes to choosing a Deal conveyancing firm to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Deal conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non Deal conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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If the firm is not ALEP accredited then what is the reason? What are the legal fees for lease extension work?
Deal Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to buying
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Best to be warned whether fixing the lift or some other major work is coming up to be shared amongst the leaseholders and will materially increase the the maintenance costs or require a one off payment. How much is the annual service fee and ground rent?
New build sellers have put forward a solicitor and I've sought an estimate from them. They are almost £250 less expensive than my family Deal conveyancing practitioner. Should I use them?
Builders frequently have lists of property lawyers who expedite matters and who know the seller’s contract and conveyancing practitioner. As many developers offer an inducement to choose their approved conveyancing practitioner for this reason, any increased fees can be avoided and a builder won't suggest a conveyancing factory and run the risk of having the conveyancing delayed when they need an exchange in 28 days. The argument for not opting for the recommended property lawyer is that they may prove reluctant to 'push' your interests for fear of alienating the sellers. If you worry that this may be the situation you should keep with your high street Deal property lawyer.