My friend's brother is a solicitor. I hope that I'll be able to get friends and family pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Kenton?
It’s sensible to seek 3 or more like-for-like conveyancing estimates. Do use our search tool on this page. The charges will be different but the service one can expect differ between conveyancers as is true with most professions.
IfI was to acquire a straightforward homein Kenton for cash and dispense with a survey and no local authority searches how much should I expect to have to pay for conveyancing in Kenton?
The sole saving you would make on is the Kenton conveyancing searches. The conveyancing practitioner is required to do the vast majority of work - money laundering, correspond with the vendors property lawyer, stamp duty submission, register the title etc. You might save a bit for them not having to register a mortgage but it won't be a lot.
We had chosen solicitors located in Kenton on the Virgin Money solicitor panel. They have just billed me a separate charge for dealing with the Virgin Money mortgage. Is this an additional conveyancing fee specified by Virgin Money?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer is entitled to charge a fee for this. The fee is not dictated by Virgin Money but by your Kenton conveyancer. Plenty of firms on the Virgin Money panel will charge an ‘acting for lender’ fee but some firms include it on their overall fee.
My husband and I have arranged a further advance on our home loan from Barclays as we want to conduct improvements to our home in Kenton. Are we obliged to select a nearby Kenton solicitor on the Barclays conveyancing panel to handle the legals?
Barclays don't usually appoint a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays list.
I am currently in the process of buying my council flat in Kenton. I have a mortgage agreed with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
I have been told that property searches are the number one cause of stalling in Kenton conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Kenton.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Kenton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Kenton. 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…’
Just had an offer accepted on a new build apartment in Kenton. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Kenton
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.