I am in the throes of swapping over from my current homeowner mortgage to a BTL Clydesdale mortgage. I was told by my financial advisor that I must appoint a conveyancer for this. I spoke to my former Fetcham conveyancing firm who who did the conveyancing when I initially acquired the premises. The fee calculation provided of £450 plus VAT has shocked me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate does seem a little on the high side. Where you are willing to expend time scrutinising prices you might get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, providing that you were content with the service the firm gave you maycome to regret choosing an an unknown lawyer. If is important to be sure the conveyancer can represent Clydesdale. Do make use of our search tool to select a Fetcham conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in Fetcham.
At what point will exchange of contracts happen for domestic conveyancing in Fetcham and am I required to attend the solicitors office?
If you are in close proximity to our conveyancing solicitors in Fetcham you are invited in to sign contracts. That being said, the firms we recommend supply a national conveyancing service and provide as equally detailed and professional a job for you when dealing with you by post or email. The signing of the contract is not the point of no return. A signed contract simply enables the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fetcham)to be in the office available at the end of the phone to exchange contracts.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who dealt with the conveyancing in Fetcham 4 years ago are no longer around. Will I be able to sell the house?
You no longer need to have the physical official documentation to prove you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.
I'm buying my first flat in Fetcham with a loan from Nottingham Building Society. The developers would not move on the amount so I negotiated £7000 of extras instead. The house builders rep suggested that I not to tell my conveyancer about the extras as it would adversely affect my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Fetcham ahead of retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend not grant a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Fetcham. Conveyancing will be smoother if you use a solicitor in Fetcham especially if they are acquainted with such properties in Fetcham.
My uncle has suggested that I use his conveyancing solicitors in Fetcham. Should I use them?
There are no two ways about it it’s preferable to find a conveyancing lawyer is to have guidance from friends or relatives who have previously instructed the solicitor you're considering.