Recently been in touch with my conveyancing lawyer in Durham who acted for me two years ago requesting a conveyancing quote based on the same type of house move (a leasehold residence and a freehold premises) of similar values with a loan from Santander. It looks as though am now being charged twice the amount. Should I hunt for a cheaper online property lawyer?
The costs illustration is slightly on the expensive side. If you are prepared to expend time comparing prices you may be able to get the conveyancing a bit cheaper by perhaps £125. On the other hand, if you were satisfied with the legal work the firm gave you couldcome to regret choosing an a cheaper lawyer. Don't forget to enquire the firm can act for Santander. Do make use of our search tool to choose a Durham conveyancing firm on the Santander member panel, which can often include conveyancing solicitors in Durham.
My god-son is buying a newly built flat in Durham with a home loan from Santander. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Santander conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
At what point can the exchange of contracts happen for purchase conveyancing in Durham and am I required to be at the conveyancers branch?
Where you are near to our conveyancing solicitors in Durham you are invited in to sign documents. That being said, the firms we work with offer a nationwide conveyancing service and give just as diligent and professional a job for you when dealing with you by post or email. The signing of the purchase agreement is not the point of no return. Signing on the dotted line simply enables the firm to officially exchange when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Durham)to be in the office available at the end of the phone to exchange contracts.
About to purchase a new build flat in Durham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Durham
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Due to the guidance of my in-laws I had a survey completed on a property in Durham in advance of retaining solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks tend not give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Durham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Durham to see if the conveyancing will be more expensive.
Taking into account that I will soon part with 450k on a garden flat in Durham I would like to talk to a solicitor concerning thehome move prior to instructing the firm. Is this something that you can arrange?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your conveyancing in Durham.There is no ‘factory style conveyancing’ - every client is unique individual, not a file number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Durham should be the figure that you end up paying.