My previous conveyancer has sent a quote for just over a thousand pound for fixed fee conveyancing in Southborough. I’m selling a Edwardian detached home for £150,000. This appears expensive. Is it in excess of the average fee for conveyancing in Southborough?
The estimate does seem a tad overpriced. If you shop around you could reduce the fees marginally by perhaps £100 plus VAT. On the other hand, you mightlive to rue opting for an an unknown conveyancer. Remember to be sure the firm can also act for your mortgage company. Do use our comparison tool to find a Southborough conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Southborough.
I am buying a house and the solicitor has identified Chancel Repair to which the house could be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly required for conveyancing in Southborough
Unless a previous acquisition of the property completed after 12 October 2013 you may expect conveyancing practitioners delivering conveyancing in Southborough to remain recommending a chancel search and or insurance against a claim.
I am buying a new build house in Southborough with a mortgage from Platform Home Loans Ltd. The sellers would not move on the price so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not to tell my solicitor about the extras as it may adversely affect my mortgage with Platform Home Loans Ltd. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Southborough is where the house is located. Can you shed any light on this issue?
Flying freeholds in Southborough are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Southborough you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Southborough may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm refinancing my primary house to a buy to let mortgage with Clydesdale and intend to use the remaining equity towards another property. The location we are interested in is Southborough. Will your solicitors be able to act for both sets of lenders and tie in the transactions?
Do use our search tool on this page to be sure that the solicitors are approved by both banks. On the basis that they are the solicitor should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you lawyer and make apparent your expectations and requirements.
I am 18 days into a residential purchase having been recommend to solicitors by the estate agent to handle our conveyancing in Southborough. I am am very frustrated with the quality of service. Can you you assist me in finding new solicitors?
A conveyancer would have to be very bad to suggest replacing them. Has the loan offer been generated? In the event that it has you will need to make them aware of the replacement solicitor and get the loan are re-issued. The solicitor ideally should be on the banks approved list to avoid escalating costs and frustration. That should be your first question of the new conveyancers. The search tool should help you find a lender approved lawyer for your conveyancing in Southborough