The lawyer who helped my previous purchase has given a fee estimate £1400 for fixed fee conveyancing in Turnpike Lane. I’m hoping to sell a Edwardian detached home for £250,000. Is this overpriced? Is it in excess of the average fee for conveyancing in Turnpike Lane?
The charges are a bit high. If you shop around you might trim some of the expense by perhaps a hundred pounds. That being said, you mightlive to rue opting for an an unknown solicitor. If is important to enquire the firm can act for your lender. Do make use of our comparison tool to select a Turnpike Lane conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Turnpike Lane.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Turnpike Lane. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 28/3/2025, the requirements read as follows :
My friend recommended that if I am buying in Turnpike Lane I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Turnpike Lane conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Turnpike Lane around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Turnpike Lane Education with maps and statistics, Local Amenities and other useful information regarding Turnpike Lane.
I am purchasing a new build house in Turnpike Lane benefiting from help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not disclose to my solicitor about the deal as it may impact my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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 am looking for a ground for flat up to £305k and found one close by in Turnpike Lane I like with amenity areas and station in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Turnpike Lane in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage that many years may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I was advised by a couple of local selling agents in Turnpike Lane to locate a property lawyer on your site. What’s the financial inducement for Estate Agents to recommend your site rather than another?
We don’t give any financial incentive for pointing buyers and sellers our way. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.