Our family lawyer has given a fee calculation of £995 for no sale no fee conveyancing in Croydon. I’m hoping to sell a modern house for £275,000. Is this overpriced? Is it above what I should be paying for conveyancing in Croydon?
The costs illustration is fractionally on the high side. If you shop around you could trim some of the cost by as much as a hundred pounds. On the other hand, you maycome to rue opting for an an unknown solicitor. Don't forget to be sure the solicitor can also act for your mortgage company. You can use our search tool to choose a Croydon conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Croydon.
I require expedited conveyancing in Croydon as I have a deadline to exchange contracts within one month. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you are at liberty not to have searches conducted although no conveyancer would advise that you don't. With lots of history conveyancing in Croydon the following are instances of issues that can be revealed and therefore impact future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
Me and my brother have a terraced Victorian property in Croydon. Conveyancing practitioner represented me and Santander. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same address. Is it worth asking Santander to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Croydon and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing practitioner who conducted the work.
I'm purchasing my first flat in Croydon with a loan from Leeds Building Society. The sellers would not move on the amount so I negotiated £7000 of extras instead. The estate agent suggested that I not inform my conveyancer about the side-deal as it could jeopardize my loan with the lender. Do I keep my lawyer in the dark?.
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.
We're first time buyers - had an offer accepted, but the estate agent advised that the vendor will only move forward if we use their recommended lawyers as they want a ‘quick sale’. My instinct tells me that we should use a local conveyancer who is accustomed to conveyancing in Croydon
We suspect that the owner is unaware of this requirement. If they desire ‘a quick sale', turning down a serious purchaser is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your preferred Croydon conveyancing lawyers - rather thanthe ones that will earn the negotiator at the agency a kickback or hit his conveyancing figures set by head office.
My conveyancer in Croydon is asking me for ID documents saying that this forms part of his requirements as a solicitor on the lender Conveyancing panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not unique to conveyancing in Croydon