IfI was to acquire a straightforward housein Sidcup for cash and dispense with a survey and no local authority searches how much could I expect to have to pay for conveyancing in Sidcup?
The only reduction in fees you would make on is the costs for searches. The conveyancing practitioner still got to do everything else - money laundering, correspond with the sellers property lawyer, SDLT submission, register the title etc. You might save a bit for them not needing to register a charge but it will not be a lot.
As someone clueless as to conveyancing in Sidcup what is the number one tip you can impart for the legal transfer of property in Sidcup
Not many law firms or advisers will tell you this but conveyancing in Sidcup or throughout England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there exists lots of opportunity for friction between you and others involved in the ownership transfer. E.g., the seller, property agent and sometimes the mortgage company. Choosing a lawyer for your conveyancing in Sidcup should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to protect your legal interests and to keep you safe.
We are witnessing a definite ongoing adversarial element to conveyancing- someone has to be blamed for the process taking so long. You should always trust your conveyancer ahead of the other players in the home moving process.
Does a directory service exist listing Coventry BS panel conveyancers in Sidcup on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings open the public on the web. If you are in need of a Sidcup lawyer on the Coventry BS please use our facility.
It is not clear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Sidcup building society branch on various occasions and was told they are content with the situation and they will lend. My Sidcup conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
As long as the solicitor is on the lender panel, she or he must comply with the Council of Mortgage Lenders’ Handbook conditions 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 bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Our offer on a house in Sidcup has been agreed to, the vendors do nevertheless have a dependent purchase. The vendors have put an offer on somewhere, but it’s not been accepted yet, and are looking at other properties in the pipeline. I have instructed a nearby conveyancing solicitor in Sidcup. What do I do now? At what stage do I apply for the mortgage with Santander?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then survey, Sidcup conveyancing search fees, etc). The first course of action is to ensure that your conveyancer is on the Santander approved list. As to the next stages this very much depends on the uniqueness of your case, desire for the property and on the state of the market. During a hot market some purchasers will apply for the mortgage with Santander and arrange for the valuation and only if it was satisfactory would they ask their conveyancer to move forward with searches.
I own a 4 bedroom Edwardian house in Sidcup. Conveyancing practitioner represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the matching address. Is it worth asking Nottingham Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sidcup and other locations in 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 purchasers. You can also question the position with your conveyancing solicitor who conducted the purchase.
We are a couple of weeks into a leasehold purchase having been referred to conveyancers by the high street agent to handle our conveyancing in Sidcup. I am not happy. Can you you assist me in finding new lawyers?
They would have to be very bad in order to consider diss instructing them. Has your loan offer been sent? In the event that it has you will need to advise them of the replacement conveyancer and have the mortgage documents are re-issued. The conveyancer needs to be on the mortgage company panel to avoid added fees and frustration. So that should be your first question of the new solicitors. The search tool should assist you in finding a lender approved conveyancer for your home move in Sidcup
My fiance is purchasing a studio flat in Sidcup. He was given a quote by the conveyancing practitioner connected to the estate agents totaling £1275 . It was 9 years ago I sold and bought a house and the fee was £500. Have costs really increased to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Sidcup searches, land registry fees, etc)