My previous lawyer has quoted £1200 for freehold conveyancing in Cranleigh. I am looking to sell a Victorian house for £300,000. Is this expensive? Is it above what I should be paying for conveyancing in Cranleigh?
The estimate does seem marginally steep. If you shop around you might trim some of the cost by as much as a hundred pounds. That being said, you maylive to regret opting for an a cheaper lawyer. Remember to enquire that the solicitor can represent your bank. Do utilise our search tool to find a Cranleigh conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Cranleigh.
My husband and I decided to purchase a 3 bedroom flat in Cranleigh with a homeloan from Accord Mortgages Ltd.We would like to retain our Cranleigh conveyancing lawyer but Accord Mortgages Ltd advised that his firm is not on their approved list of member firms. We have to appoint a Accord Mortgages Ltd panel lawyer or keep our preferred solicitor and pay for a Accord Mortgages Ltd panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Accord Mortgages Ltd use our lawyer?
No, not really. The home loan offered to you is subject to its various provisions, a common one being that lawyers will be on the Accord Mortgages Ltd approved list. in the past, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Accord Mortgages Ltd
Are there restrictive covenants that are commonly identified as part of conveyancing in Cranleigh?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Cranleigh. 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…’
How does conveyancing in Cranleigh differ for newly converted properties?
Most buyers of new build property in Cranleigh contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because house builders in Cranleigh 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 property lawyers 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 Cranleigh or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Cranleigh is the location of the property. Can you offer any opinion?
Flying freeholds in Cranleigh are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cranleigh you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cranleigh may decide 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 premises.
I have been sourcing a conveyancing solicitor in Cranleigh for my house move. Can I check a firm’s record with the profession’s regulator?
Anyone may review presented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.