We were about to retain a conveyancing solicitor in Harwich endorsed using your comparison tool but stumbled across some other quotes on the internet seem less expensive – why is this?
One can find many firms of solicitors promoting so-called cheap conveyancing, but additionalfees result in the closing fee totally different to the one you expected. Solicitors are duty bound to ensure charges set out in terms of business should be equitable and be applied The solicitors that we put forward for conveyancing in Harwich genuinely set out all costs for a residential conveyancing case.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Harwich. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/12/2024, the requirements read as follows :
I'm buying my first flat in Harwich with the aid of help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of extras instead. The sale representative advised me not reveal to my solicitor about the side-deal as it will adversely affect my loan with Accord Mortgages Ltd. 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.
I opted to have a survey carried out on a house in Harwich in advance of instructing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks may not grant a loan on this type of home.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Harwich. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Harwich to see if the conveyancing costs will increase in light of this.
I am selling my home. My former lawyers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Harwich if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Harwich. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Can you offer any advice when it comes to choosing a Harwich conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Harwich conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with several firms including non Harwich conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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How many lease extensions have they carried out in Harwich in the last 12 months? If the firm is not ALEP accredited then why not?
I am the registered owner of a leasehold flat in Harwich, conveyancing formalities finalised 7 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Harwich with a long lease are worth £222,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2095
With just 71 years remaining on your lease we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.