My family solicitor has sent a quote for £995 for fixed fee conveyancing in Havering-atte-Bower. I’m looking to sell a Edwardian house for £275,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in Havering-atte-Bower?
The charges are a tad high. Where you are content to expend time comparing prices you might shave off some of the cost by as much as a hundred pounds. That being said, you mightlive to rue choosing an a cheaper conveyancer. Don't forget to enquire the conveyancer can also act for your lender. Do use our comparison tool to find a Havering-atte-Bower conveyancing practice on the banks member panel which can often include conveyancing solicitors in Havering-atte-Bower.
My husband and I swapping mortgage lender for our penthouse in Havering-atte-Bower with Leeds Building Society. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this form unique to the Leeds Building Society conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Leeds Building Society. This is solely used to protect Leeds Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Leeds Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
We are looking to buy a house and need a conveyancing solicitor in Havering-atte-Bower who is on the Principality solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Havering-atte-Bower.
We're in Havering-atte-Bower, FTBs buying with a mortgage (lender is Santander , and our lawyer is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer 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 require fast conveyancing in Havering-atte-Bower as I have a deadline to complete within 4 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to have searches conducted although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Havering-atte-Bower the following are instances of what can show up and adversely affect market value: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I'm purchasing my first flat in Havering-atte-Bower with the aid of help to buy. The sellers refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not inform my conveyancer about the side-deal as it would jeopardize my mortgage with National Westminster Bank. 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.