Finally, a loan offer from Santander for the remortgage of my 3 room flat is coming any day now. Could you put forward a low cost conveyancing lawyer in Sawston?
This site is not designed to help those in pursuit of the lowest fares for conveyancing solicitors in Sawston. Our aim is to provide value for money conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint organisations enticing you with £99 conveyancing in Sawston. In your best case scenario, in deciding on low cost conveyancing, you will get your money’s worth and at worst you will end up being stung for extras and still not end up with the service required.
At what point will exchange of contracts take place for sale conveyancing in Sawston and do I need to be at the solicitors office?
If you are in close proximity to our conveyancing solicitors in Sawston you are invited in to sign documents. However, the lender approved solicitors we work with offer countrywide coverage for conveyancing and give as equally detailed and professional a job for you when communicating with you electronically. The executing of the sale agreement is not the important part. A signed contract simply enables the firm to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Sawston)to be in the office at the appropriate time.
I have been told that property searches are the number one reason for delay in Sawston conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of delay in conveyancing in Sawston.
My wife and I purchased a renovated Edwardian property in Sawston. Conveyancing solicitor acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sawston and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing lawyer who carried out the work.
I'm purchasing my first flat in Sawston with a loan from Yorkshire Building Society. The developers refused to reduce the amount so I negotiated £7000 of extras instead. The property agent advised me not reveal to my lawyer about the side-deal as it will put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Why am I unable to complete our conveyancing in Sawston on a public holiday?
Because on completion the money needs to pass between the banks of the buyer and owner’s conveyancing practitioner and currently this can only take place on a business day. So you can't complete on a weekend either.