My fiance’s brother is a conveyancing practitioner. I expect that I will receive friends and family pricing for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Bexley?
It’s a good idea to look for multiple conveyancing estimates. Make use of our search tool on this page. Whilst estimates may vary but service levels do differ between conveyancers as is the case with the vast majority of professional services.
Is there a reason why leasehold purchase conveyancing in Bexley is more expensive?
The conveyancing fees for a leasehold premises in Bexley is often greater than on a freehold residence. This is because there is an amount of supplemental time necessary in liaising with the landlord and managing agents to collate the evidence about whether the rent and maintenance fee have been discharged and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the block.
My house in Bexley is up for sale and I have accepted an offer. Will the conveyancing practitioner need to be required to be on the Leeds Building Society conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
My wife and I are downsizing from our home in Bexley and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Bexley conveyancer would know that there is no such problem. It does beg the question why the purchasers are using a nationwide conveyancing outfit rather than a conveyancing solicitor in Bexley. We have lived in Bexley for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I am purchasing a new build house in Bexley with a mortgage from Aldermore. The developers refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not reveal to my solicitor about this side-deal as it may jeopardize my mortgage with the bank. 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 house I have offered on last month in what should have been a straight forward, chain free conveyancing. Bexley is the location of the property. Is there any advice you can give?
Flying freeholds in Bexley are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bexley you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bexley may determine 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 property.