My previous solicitor has sent a quote for £1700 for leasehold conveyancing in Tonbridge. I’m looking to sell a Victorian house for £275,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in Tonbridge?
The costs illustration is fractionally on the expensive side. If you are prepared to expend time contrasting costs you could get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, you mightcome to rue choosing an an untested solicitor. Don't forget to enquire the solicitor can act for your lender. Do use our search tool to choose a Tonbridge conveyancing company on the banks member panel which can often include conveyancing solicitors in Tonbridge.
We are purchasing a property and need a conveyancing solicitor in Tonbridge who is on the Coventry BS solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Tonbridge.
My husband and I have arranged the release of further monies on our home loan from Bank of Ireland as we wish to carry out a loft conversion to our property in Tonbridge. Do we need to appoint a high street Tonbridge solicitor on the Bank of Ireland conveyancing panel to handle the paperwork?
Bank of Ireland don't usually instruct a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland list.
I can not fathom if my bank requires a lease extension. I have called my Tonbridge bank branch on a couple of occasions and was reassured it wasn't an issue and they will lend. My Tonbridge conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they would not lend in accordance with their specific requirements. Who do I believe?
The lawyer has to follow the CML Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
My offer was accepted on a property in Tonbridge on 11/12/2024, valuation was booked 4 days after, all came back fine. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Virgin Money and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Virgin Money conveyancing panel. Are Virgin Money entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.
It has been five months following my purchase conveyancing in Tonbridge took place. I have checked the Land Registry site which shows that I paid £200,000 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 premises 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.
How does conveyancing in Tonbridge differ for new build properties?
Most buyers of new build residence in Tonbridge come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Tonbridge tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tonbridge or who has acted in the same development.
I have been searching for Tonbridge online conveyancing estimates. Can I be sure that all the Tonbridge practices that are identified on your site are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Tonbridge conveyancing solicitor being on the bank conveyancing panel is not accurate.