My previous solicitor has given a fee calculation of £1400 for leasehold conveyancing in Frinton On Sea. I’m looking to sell a newly refurbished detached home for £300,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Frinton On Sea?
The estimate does seem marginally steep. Where you are prepared to expend time comparing fee on a like for like basis you could get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you mightlive to regret choosing an a cheaper lawyer. Remember to enquire that the conveyancer can also act for your mortgage company. You can employ our comparison tool to choose a Frinton On Sea conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Frinton On Sea.
Our son-in-law is about to exchange on a newly built flat in Frinton On Sea with a mortgage from Kent Reliance. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Kent Reliance conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am refinancing my apartment in Frinton On Sea, does my lawyer need to be on the Co-operative Conveyancing panel?
In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I am purchasing my first flat in Frinton On Sea with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not reveal to my conveyancer about this extras as it will impact 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Frinton On Sea is the location of the property. Can you shed any light on this issue?
Flying freeholds in Frinton On Sea are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Frinton On Sea you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frinton On Sea may ascertain 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.
Hoping to buy a property located in Frinton On Sea and I am already nervous. I couldn't find anything specific about Frinton On Sea. Conveyancing will be needed in due course but do you know about the Frinton On Sea area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Frinton On Sea. In the meantime here are some basic statistics that we found