Having been suggested to visit your web site we were going to appoint conveyancing solicitor in Slough listed on your site but have come across alternative estimates via the web look less pricey – how come?
One can find a variety of solicitors offering theoretically looks to be cut price. We suggest that you give due consideration as to how important this transaction is to you that you are willing to be penny wise pound foolish concerning the standard of the conveyancing. Some hide additional charges deep into the terms of engagement. The conveyancers that we put forward for conveyancing in Slough neverdo this.
My solicitor has uncovered a a problem with the lease for the flat we are purchasing in Slough. The seller’s lawyers have offered defective title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancer says that he must be satisfied that the lender is willing to move forward with this solution. Are we the client or is the lender?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the lender are the client. The appropriate lender requirements must be adhered to.
It is a dozen years since I purchased my house in Slough. Conveyancing solicitors have just been instructed on the sale but I can't locate the title deeds. Will this cause complications?
You need not be too concerned. First there is a possibility that the deeds will be retained by the mortgage company or they could be in the possession of the conveyancers who oversaw the purchase. Secondly in most cases the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Slough relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
We previously chose conveyancing lawyers locally in Slough on the Nottingham solicitor panel. They are now charging me a supplemental amount for handling the Nottingham mortgage. Is this an additional conveyancing fee set by Nottingham?
Provided it is contained in their Terms of Engagement or estimate then yes your lawyer may levy a fee for this. The charge is not dictated by Nottingham but by your Slough solicitor. Numerous firms on the Nottingham panel will charge ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
I am buying a property in Slough. A rare aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Yorkshire BS your lawyer must comply with the formal requirements set out in Part two of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Yorkshire BS where a lease does not meet these conditions. The requirements relate to the installation of panels on properties in England and Wales and is not isolated to Slough.
I am currently in the process of buying my council flat in Slough. I have a mortgage agreed with Lloyds. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
Are there restrictive covenants that are commonly identified during conveyancing in Slough?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Slough. 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…’
Due to the input of my in-laws I had a survey completed on a house in Slough before retaining lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some banks will not give a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Slough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Slough to see if the conveyancing costs will increase in light of this.