My previous conveyancer has given a fee calculation of £1700 for leasehold conveyancing in Guildford. I’m looking to sell a modern detached home for £175,000. This sounds expensive. Is it in excess of the norm for conveyancing in Guildford?
The estimate does seem a tad steep. If you shop around you might reduce the fees slightly by as much as a hundred pounds. On the other hand, you maylive to rue opting for an an untested conveyancer. Don't forget to check that the solicitor can also act for your bank. Do use our comparison tool to choose a Guildford conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Guildford.
Can you explain why leasehold purchase conveyancing in Guildford costs more?
The conveyancing charges for a leasehold property in Guildford is frequently more expensive than on a freehold property. This is because there is an amount of extra investigations required in corresponding with the landlord and managing agents to collate the information about whether the rent and service fee have been cleared and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
I have recentlyfound out that Wolstenholmes have closed. They conducted my conveyancing in Guildford for a purchase of a freehold house 12 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Guildford conveyancing specialists.
I am buying my first flat in Guildford with the aid of help to buy. The developers would not budge the amount so I negotiated £7000 of additionals instead. The property agent advised me not to tell my solicitor about this extras as it will jeopardize my loan with the lender. 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 encouragement of my in-laws I had a survey completed on a house in Guildford prior to appointing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend not issue a loan on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Guildford. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to transfer to a new conveyancer as I need to retain a firm on the Barnsley Building Society conveyancing panel. I hired a local conveyancing solicitor in Guildford round the corner but he is not accepted by Barnsley Building Society
It would be our pleasure to help you select a conveyancing solicitor in Guildford on the Barnsley Building Society panel. Please note that the law firms that we on the directory do not pay us a referral fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Guildford. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Guildford.