We were about to instruct a conveyancing solicitor in Lowestoft listed on your site but stumbled across alternative estimates via the web seem less expensive – why is this?
There are hundreds of conveyancing outfits marketing what appear to be extremely cheap conveyancing in Lowestoft. We suggest that you think twice about how much you respect your own move to want to take 'cheap' risks in relation to the standard of the legal work. Some embed fees well inside the terms of business. The law firms that we put forward for conveyancing in Lowestoft neverbehave this way.
Can you clarify what the consequences are if my lawyer’s firm is suspended from the Principality Solicitor panel ahead of completing my conveyancing in Lowestoft?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Just had an offer accepted on a new build apartment in Lowestoft. Conveyancing is a frightening process 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 legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Lowestoft
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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.
I opted to have a survey completed on a property in Lowestoft before appointing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lowestoft. Conveyancing will be smoother if you use a solicitor in Lowestoft especially if they regularly deal with such properties in Lowestoft.
Is there anything unique about your site and other online quote calculators for conveyancing in Lowestoft?
At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Lowestoft. As opposed to estate agents and brokerage sites we do not operate referral deals with solicitors. Many agents and online brokers 'recommend' solicitors that pays the most commission, rather than the best value conveyancing in Lowestoft
I have instructed a Lowestoft conveyancing solicitor for our house purchase (FTB’s) and have noticed in the terms and conditions that they are not covered by the Financial Conduct Authority. Need I be worried or is that the norm with solicitor?
We can't see why they should be. Most conveyancer don't lend money. You should check that they are governed by the Solicitors Regulation Authority, who set specific rules covering monies sitting by them.