Our family solicitor has sent a quote for £995 for fixed fee conveyancing in Caddington. I’m looking to sell a modern detached home for £125,000. This seems expensive. Is it in excess of what I should be paying for conveyancing in Caddington?
The estimate does seem marginally overpriced. If you shop around you might shave off some of the expense by as much as £100 plus VAT. On the other hand, you maylive to rue opting for an a cheaper solicitor. Remember to enquire the conveyancer can also act for your bank. Do utilise our search tool to select a Caddington conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Caddington.
Having invested time scouring consumer advice sites for a conveyancing solicitor in Caddington, many advise that I should instruct a CQS accredited solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home ownership transfers, trusted by some of the UK's biggest banks. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). CQS is not a scheme offered by the Council of Licensed Conveyancing. Caddington is one of the numerous areas in England and Wales where there are CQS solicitors.
Is it necessary to pay for insurance to address the risk of chancel repairs when acquiring a property in Caddington?
Unless a previous acquisition of the property completed after 12 October 2013 you could expect lawyers carrying out conveyancing in Caddington to remain recommending a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up during conveyancing in Caddington?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Caddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm purchasing my first flat in Caddington with a mortgage from TSB. The builders would not budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not disclose to my conveyancer about this side-deal as it would affect my loan with TSB. Is this normal?.
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 need to instruct a conveyancing solicitor for my conveyancing in Caddington. I happened to discover a site which appears to be the ideal answer If it is possible to get all the legals completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?