The loan agreement from Santander for the refinancing of my 3 room garden flat is expected any day now. Could you recommend a low cost conveyancing lawyer in West Byfleet?
This site is not designed to assist those in pursuit of the cheapest conveyancing in West Byfleet. We can offer you cost effective conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint companies seducing you with £100 conveyancing in West Byfleet. At best, in being led by cheap conveyancing, you will receive what you pay for and at worst it will result in you invoiced for additional fees and still not end up with the service you were looking for.
Can you explain why leasehold purchase conveyancing in West Byfleet is more expensive?
West Byfleet leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
How does conveyancing in West Byfleet differ for newly converted properties?
Most buyers of new build premises in West Byfleet approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in West Byfleet typically buy the land, 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 accustomed to new build conveyancing in West Byfleet or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in West Byfleet I like with a park and station in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in West Byfleet suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
My husband and I are new on the property ladder - had an offer accepted, but the selling agent told us that the owners will only go ahead if we use the agent's chosen solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street solicitor with experience of conveyancing in West Byfleet
We suspect that the owner is not behind this demand. Should the owner want ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you are going to use your own,trusted West Byfleet conveyancing lawyers - not the ones that will give their negotiator at the agency a kickback or hit his conveyancing figures pre-set by corporate headquarters.
Me and my wife have just had an offer accepted on a house and had meeting on Monday with Leeds Building Society for the mortgage. They advised us that when it comes to appointing a lawyer that unless they are on their approved panel of lawyers then we will have to pay out an additional fee of about two hundred pounds. This is because they would then have to select a conveyancer to act for them in addition to the one we choose to act for ourselves and we are liable for their invoice. I have asked Leeds Building Society to send me with a list so I can request estimates only from their approved conveyancers but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a simple way of finding out who is on a lender panel?
Ask Leeds Building Society what their criteria for joining their panel is for a conveyancer.Thereafter ask the solicitor of your choice whether they fit that criteria and have they acted on mortgages for Leeds Building Society in the past. Where the answer to those is yes, then just double check with Leeds Building Society. Alternatively please make use of our search tool and we may be able to find you a property lawyer in West Byfleet on the approved list for Leeds Building Society.