Just been in touch with my conveyancing solicitor in Grove Park who conducted the legals 18 months ago and wanted a conveyancing costs illustration based on an identical type of home move (a leasehold residence and a freehold property) of almost identical values with a mortgage from Accord Mortgages Ltd. I am now being quoted double. Am I right to be tempted to shop around for an alternative conveyancer?
The estimate does seem a little steep. Where you are content to spend time comparing prices you might decrease the fees marginally by perhaps £100 plus VAT. On the other hand, providing that you were content with the service the firm provided you couldcome to rue choosing an an unknown solicitor. If is important to enquire that the solicitor can act for Accord Mortgages Ltd. You can make use of our search tool to locate a Grove Park conveyancing firm on the Accord Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Grove Park.
In what way does my ID and proof of funds have anything to do with my conveyancing in Grove Park? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you are required to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. If you are unwilling to hand over ID verification documents, your lawyer can not take you on as a client.
I am buying a new build flat in Grove Park. Conveyancing is daunting 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.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Grove Park
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the advice of my in-laws I had a survey completed on a house in Grove Park before appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders tend refuse to give a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Grove Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Grove Park to see if the conveyancing costs will increase in light of this.
I'm converting the mortgage on my primary house to a BTL mortgage with Virgin Money and I will use the rest of the raised equity as a deposit on further house. The area we are talking about is Grove Park. Will your solicitors be able to act for the two mortgage companies and tie in the two deals?
Do use our comparison tool on this site to ensure that the solicitors are on the relevant lender panels. On the basis that they are the lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make clear your expectations and requirements.
Been looking for a property lawyer for freehold sale conveyancing in Grove Park. I'm selling, simple no mortgage to redeem, no hurry, no onward chain. Had a quote from a lawyer for £800 plus VAT which is a little steep considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Grove Park?
Considering it’s a sale only, £425 + VAT would be about the best for a Grove Park solicitor firm.