My family solicitor has quoted just over a thousand pound for leasehold conveyancing in Shenley Church End. I’m hoping to downsize from a modern detached home for £250,000. This appears overpriced. Is it above the norm for conveyancing in Shenley Church End?
The charges are a tad high. If you shop around you could decrease the fees slightly by perhaps £125. That being said, you maylive to regret choosing an an unknown conveyancer. Remember to be sure that the conveyancer can act for your lender. You can employ our comparison tool to get a quote a Shenley Church End conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Shenley Church End.
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel lawyer as I would prefer to use a Shenley Church End based conveyancing firm?
Do check but the the likelihood is that appoint one of their panel lawyers should you take up the "fee-free" deal. Call the bank and check if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Shenley Church End.
My solicitor has informed me that restrictive coveneant insurance is needed on my purchase. What is the level of cover for Shenley Church End conveyancing?
The right level of restrictive coveneant indemnity insurance depends on who your lender is. It would differ for example between Yorkshire Building Society and The Royal Bank of Scotland. Conveyancing practitioners as opposed to borrowers take out such policies.
I have today made my last payment due on my mortgage with Barclays. I assume I don't need a Shenley Church End property lawyer on the Barclays panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Barclays mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Barclays mortgage from the register. Barclays, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Barclays has sent the Land Registry the discharge electronically, and
- Barclays has instructed the Land Registry to do so
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Shenley Church End solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Shenley Church End postcode. As you are getting a mortgage with Leeds Building Society, you could contact them to see if they have a list of approved surveyors in Shenley Church End.
My partner and I are selling our property in Shenley Church End and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Shenley Church End conveyancer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing practice rather than a conveyancing solicitor in Shenley Church End. We have lived in Shenley Church End for six years we know of no issue. Should we get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Are there restrictive covenants that are commonly identified during conveyancing in Shenley Church End?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Shenley Church End. 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…’
I need to retain a conveyancing solicitor for residential conveyancing in Shenley Church End. I have chance upon a web site which appears to be the perfect solution If it is possible to get all formalities completed via email that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?