Just been in touch with my conveyancing solicitor in Farnborough who conducted the legals two years ago requesting a conveyancing quote based on the same type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a home loan from Lloyds TSB Bank. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The estimate fees seem a bit high. If you you were to look around you might decrease the fees marginally by say a hundred pounds. That being said, if you were content with the legal work the firm provided you mightlive to rue opting for an a cheaper solicitor. Remember to ensure the firm can also act for Lloyds TSB Bank. Do employ our search tool to find a Farnborough conveyancing firm on the Lloyds TSB Bank approved list of lawyers, which can often include conveyancing solicitors in Farnborough.
We're in Farnborough, First timers buying with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am purchasing a 4 bedroom semi-detached house in Farnborough. The intention is to convert the garage to an office at the property.Will legal conveyancing on the property involve enquiries to see if these alterations are allowed?
Your conveyancer should check the deeds as conveyancing in Farnborough will occasionally reveal restrictions in the title documents which restrict certain changes or necessitated the permission of another owner. Some works require local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
I am due to exchange contracts on my flat. I had a double glazing fitted in May 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nationwide are being difficult. The Farnborough solicitor who is on the Nationwide conveyancing panel is saying indemnity insurance will be fine but Nationwide are requiring a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Intending to buy a flat in Farnborough. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Farnborough conveyancing practitioner is on the Clydesdale conveyancing panel.
What can a local search reveal about the property my wife and I buying in Farnborough?
Farnborough conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search plays a central role in most Farnborough conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search should supply data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Farnborough and how can your lawyers assist?
The particular law that you refer to gives a safeguard to business tenants, giving them the dueness to make a request to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Farnborough
What is the reason for my property lawyer requiring numerous items of ID ahead of starting selling or purchasing a property in Farnborough?
Farnborough lawyers are duty bound by the Law Society, SRA, the Land Registry and current Money Laundering legislation to record that the have checked the identity of their clients. It will also be a requirement of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, national insurance number and date of birth.