We chose a high street lawyer for my conveyancing in Penwortham recently. After carefully reading the small print I seewe are responsible for fees even where the transaction does not complete. Would I be best advised to appoint an on-line conveyancing company who offer no-sale-no-fee conveyancing in Penwortham?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will tend to be be higher to offset the cases that do not go ahead. Also remember that such schemes generally do not protect you from expenditure for instance Penwortham conveyancing search charges.
We note that you have a search directory listing solicitors on the Principality conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Penwortham?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Penwortham.
About to place an offer on a leasehold apartment in Penwortham. The estate agents advise that it is normal for flats in Penwortham to have less than 75 years remaining. I am taking out a loan with Accord Mortgages. Is this going to be a problem if the lease has Seventy One years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 22/3/2025 the requirements read as follows :
What is the difference between a licensed conveyancer and conveyancing solicitor in Penwortham
There are many recorded licenced Conveyancers in Penwortham and Solicitor partnerships in Penwortham who provide Conveyancing services It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. They may both also deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
A colleague pointed out to me me that in purchasing a property in Penwortham there may be various restrictions preventing external alterations to the property. Is this right?
There are anumerous of properties in Penwortham which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Penwortham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Intending to buy a house in Penwortham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Penwortham conveyancing practitioner is on the Co-operative conveyancing panel.
The deeds to our house can not be found. The lawyers who did the conveyancing in Penwortham 10 years ago have long since closed. What are my options?
Gone are the days when you need to hold title deeds to evidence that you own the land or property, as the Land Registry hold details of all registered land or property electronically.
I am buying my first flat in Penwortham with a loan from Birmingham Midshires. The developers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not to tell my conveyancer about the extras as it could affect my loan with the lender. Do I keep my lawyer in the dark?.
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.