Our family solicitor has sent a quote for £1150 for no move no fee conveyancing in Houghton Regis. I am selling a Victorian detached home for £300,000. This appears expensive. Is it in excess of what I should be paying for conveyancing in Houghton Regis?
The estimate does seem marginally steep. Where you are willing to invest time contrasting fee on a like for like basis you may be able to shave off some of the expense by as much as £100 plus VAT. On the other hand, you couldcome to regret choosing an a cheaper conveyancer. Don't forget to enquire the conveyancer can also act for your bank. You can use our comparison tool to select a Houghton Regis conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Houghton Regis.
We hope to to buy with Darlington Building Society. I went into a couple of local practices yet am struggling to find a Houghton Regis conveyancing firm on the Darlington Building Society panel. Can you assist?
Please do take advantage of the find a lender approved solicitor tool on this page. Pick the lender and type Houghton Regis or your location and you will see numerous conveyancers offices in Houghton Regis or nearest you.
Are all Houghton Regis Conveyancing Quality Solicitors on the Skipton conveyancing panel?
Some major lenders now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
I am buying a property in Houghton Regis. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Lloyds be concerned?
Given that you are obtaining a mortgage with Lloyds your lawyer must follow the conveyancing requirements contained in Section 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and solicitors are required to report to Lloyds where a lease does not meet these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Houghton Regis.
Virgin Money have agreed my mortgage in principle, my bid on a property in Houghton Regis has been agreed to, what are the next steps?
Your property agent will need to know who your solicitors are (ensure that the property lawyers are on the lender’s panel). Call up Virgin Money or the broker and finish off any outstanding forms. Virgin Money will appoint a valuer who will get in touch with the selling agent or vendor to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days to receive the mortgage offer. Virgin Money will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Houghton Regis.
Are there restrictive covenants that are commonly picked up during conveyancing in Houghton Regis?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Houghton Regis. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a ground for flat up to £245,000 and found one close by in Houghton Regis I like with a park and transport links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Houghton Regis for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the remaining unexpired lease term may be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
I need to instruct a conveyancing practitioner in Houghton Regis for my home move. Can I see a firm’s complaints history with the profession’s regulator?
Anyone can review presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training reasons.