We were about to choose a conveyancing solicitor in St Margarets found by you but stumbled across some other fee calculations via the web appear less expensive – why is this?
One can find plenty of conveyancers advertising theoretically looks to be very low prices. Our advice is to think long and hard as to how much you respect your own move to you are willing to be penny wise pound foolish in relation to the standard of the conveyancing. Many of them highlight a low fee to entice you but plant extra fees in the small print..
I am acquiring a newly constructed apartment in St Margarets and my solicitor is informing me that she is duty bound to the lender to reveal incentives from the seller. I am under pressure to exchange and my preference is not to delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have been told that property searches are the number one cause of obstruction in St Margarets conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in St Margarets.
Are there restrictive covenants that are commonly picked up during conveyancing in St Margarets?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in St Margarets. 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'm remortgaging my existing home to a buy to let mortgage with Coventry Building Society and intend to use the remaining equity towards further property. The area we are interested in is St Margarets. Will your solicitors be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this site to check that the conveyancers are on the relevant lender panels. Having checked that they are the lawyer will be able to simultaneously deal with the two deals but you should talk with you conveyancer and make clear your expectations and requirements.
Online research suggests that St Margarets solicitors are more costly than licensed conveyancers in St Margarets when it comes to buying a house. Am I better off using a conveyancer or a solicitor where I am purchasing for my home move in St Margarets.
When it comes to conveyancing in St Margarets the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.