The solicitor who dealt with my former purchase has given a fee estimate £1400 for freehold conveyancing in Henlow. I am hoping to downsize from a Edwardian detached home for £125,000. Are these conveyancing fees excessive? Is it in excess of the average fee for conveyancing in Henlow?
The quote is slightly on the high side. Where you are content to spend time scrutinising quotes you may be able to shave off some of the expense by perhaps £125. On the other hand, you maycome to rue choosing an an untested lawyer. Don't forget to check the solicitor can also act for your mortgage company. Do use our comparison tool to get a quote a Henlow conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Henlow.
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to appoint a Henlow based conveyancing firm?
You should check but the the likelihood is that allocate you one of their panel conveyancers if you want the "fee-free" incentive. Contact the bank to explore if they allow a cash alternative. Some banks have previously offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor near Henlow.
We previously appointed solicitors located in Henlow on the Principality solicitor panel. They are now charging me a separate charge for the legal aspects of the Principality mortgage. Is this an additional conveyancing fee set by Principality?
Provided it is contained in their Terms of Engagement or Quote then yes your lawyer can charge a fee for this. The charge is not set by Principality but by your Henlow conveyancing practitioner. Plenty of firms on the Principality panel will charge an ‘acting for lender’ fee and others do not.
My offer was accepted on a property in Henlow on 16/8/2023, valuation was booked 2 days after, received a clean bill of health. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
Coventry BS have agreed my mortgage in principle, my bid on a apartment in Henlow has been accepted, what are the next steps?
The estate agent will wish to be informed of your property lawyer's details (make sure the property lawyers are on the bank’s approved list). Contact Coventry BS or the broker and finish off any outstanding forms. Coventry BS will instruct a valuer who will get in contact with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Coventry BS will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Henlow.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who did the conveyancing in Henlow 5 years ago no longer exist. What do I do?
As long as you have a registered title the information relating to your ownership will be retained by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, locate your house and order up to date copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
Due to the guidance of my in-laws I had a survey completed on a property in Henlow prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies tend not issue a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you e-mail us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Henlow. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been sourcing a conveyancing solicitor in Henlow for my purchase. Is there any facility to see a firm’s complaints history with the legal regulator?
You can find presented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.