Just contacted my conveyancing solicitor in Freezywater who acted for me 18 months ago asking for a conveyancing costs illustration based on an identical 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 double. Should I look for a cheaper online property lawyer?
The estimate does seem a tad overpriced. If you are happy to spend time scrutinising quotes you may be able to get the conveyancing a bit cheaper by perhaps £125. That being said, assuming were satisfied with the assistance the firm offered you maylive to regret opting for an a cheaper conveyancer. If is important to check the firm can also act for Santander. You can utilise our search tool to find a Freezywater conveyancing firm on the Santander member panel, which can often include conveyancing solicitors in Freezywater.
At what point will exchange of contracts happen for sale conveyancing in Freezywater and am I required to attend the solicitors branch?
Where you are near to our conveyancing solicitors in Freezywater you are invited in to sign documents. However, the law practices we recommend offer a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when dealing with you by post or email. The signing of the sale agreement is not the point of no return. Signing on the dotted line is just a prerequisite for the solicitor to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Freezywater)to be in the office at the appropriate time.
We're in Freezywater, First timers purchasing with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I'm buying my first flat in Freezywater with a loan from Leeds Building Society. The developers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not reveal to my solicitor about the deal as it would put at risk my loan with Leeds Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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 input of my in-laws I had a survey completed on a property in Freezywater prior to retaining solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Freezywater. Conveyancing may be slightly more expensive based on your lender's requirements.
My wife and I purchased a leasehold flat in Freezywater. Conveyancing and Halifax mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Freezywater who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Freezywater conveyancing solicitor to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a ground-floor 1950’s flat in Freezywater. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
Most definitely. We can put you in touch with a Freezywater conveyancing firm who can help.
An example of a Vesting Order and Purchase of freehold case for a Freezywater residence is Ground Floor Flat 4A Baronet Road in February 2010. Following a vesting order by Edmonton County Court on 23rd December 2008 (case number 8ED064) the Tribunal decided that the price that the Applicant for the freehold interest should pay is £8,689.00 This case was in relation to 2 flats. The unexpired term was 80.01 years.