We are planning to acquire a house and require a conveyancing solicitor in Reigate who is on the Yorkshire BS conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Reigate.
We previously chose solicitors with offices in Reigate on the Yorkshire BS solicitor panel. They have just billed me an additional amount for dealing with the Yorkshire BS mortgage. Is this an additional conveyancing fee specified by Yorkshire BS?
Provided it is contained in their Terms and Conditions or Quote then yes your property lawyer can levy a fee for this. This charge is not dictated by Yorkshire BS but by your Reigate solicitor. Plenty of firms on the Yorkshire BS panel will quote an ‘acting for lender’ fee but many practices include it on their overall fee.
Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Reigate conveyancing lawyers are instructed. How long does it take for Kent Reliance to send the offer to the lawyer?
Some lenders take longer than others. Have Kent Reliance done the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
It is unclear whether my lender requires a lease extension. I have called my Reigate building society branch on a couple of occasions and was told it does not affect the mortgage offer and they would lend. My Reigate conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend in accordance with their published requirements. Who do I believe?
Provided that the property lawyer is on the lender panel, they must adhere to the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
It has been 4 months following my purchase conveyancing in Reigate took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a flat up to £235,500 and identified one near me in Reigate I like with amenity areas and station nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Reigate for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will likely be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Given that I will soon spend £400,000 on a house in Reigate I would like to talk to a conveyancer regarding theconveyancing ahead of appointing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Reigate.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Reigate should be the figure that you are charged.
I am using a search engine for the phrase cheap conveyancing in Reigate it brings up numerous property lawyersin the area. With so much choice what is the best way to find the right conveyancer for me?
The preferential method of seeking the right conveyancer is through a personal recommendation, so enquire of colleagues and family who have acquired a property in Reigate or the respected estate agent or financial adviser. Charges for conveyancing in Reigate vary, so it's a good idea to obtain a minimum of four fee calculations from different companies. Dont forget to clarify what costs in the quote includes.