We were about to retain a conveyancing solicitor in Suffolk endorsed by you but stumbled across alternative quotes on the internet look less expensive – how come?
You can find plenty of conveyancers offering theoretically looks to be very low prices. You should think long and hard about how important this transaction is to you that you are willing to take 'cheap' risks concerning the standard of the conveyancing. Many of them highlight a low fee to tempt you but hide supplemental costs in the fine print..
We just had an offer accepted to purchase with Coventry BS. We have called around locally yet am unable to find a Suffolk conveyancing firm on the Coventry BS panel. Can you help?
Please do make use of the find a conveyancing panel solicitor tool on this page. Please choose the mortgage company and type Suffolk or your location and you will see a number of lawyer located in Suffolk or near you.
4 months have elapsed since my purchase conveyancing in Suffolk concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Suffolk with a mortgage from Aldermore. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The property agent told me not reveal to my solicitor about the deal as it may adversely affect my mortgage with Aldermore. Should I keep quiet?.
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 issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Suffolk is the location of the property. What do you suggest?
Flying freeholds in Suffolk are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Suffolk you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Suffolk may decide 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 premises.
Am I best advised to choose a Suffolk conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can handle the legal formalities however they are based a couple of hundredkilometers away.
The benefit of a local Suffolk conveyancing firm is that you can attend the office to sign paperwork, deliver your ID and pester them if necessary. They will also have local insight which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that must surpass using an unfamiliar Suffolk conveyancing solicitor just because they are Suffolk based.