The lawyer who dealt with my former purchase has quoted £1200 for freehold conveyancing in Highworth. I am looking to sell a Edwardian house for £300,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Highworth?
The estimate does seem a tad overpriced. If you are prepared to expend time comparing fee on a like for like basis you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you maylive to regret opting for an an untested conveyancer. Don't forget to enquire the solicitor can also act for your lender. Do utilise our comparison tool to choose a Highworth conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Highworth.
Do all mortgage companies provide you with an approved list of Highworth conveyancing solicitors? How do you know who is on the Lloyds conveyancing panel?
Highworth conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
I am about to put a bid on a leasehold property in Highworth. The property agents say that it is normal for flats in Highworth to have less than 75 years remaining. I am taking out a mortgage with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/4/2025 the requirements read as follows :
I just bought a property at auction in Highworth. Conveyancing is necessary. What happens now?
Given that you have now legally bound yourself to purchase you must retain a conveyancing solicitor quickly as you now have a pending a fixed date to complete the conveyancing. An auction property will ordinarily have an associated auction pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You must hand this to the conveyancer instructed by you as soon as possible. Do make sure that your finances are in place to complete on the on the contractual date .
Completion of my purchase has taken place for my property in Highworth. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Bank of Ireland have agreed my mortgage in principle, my offer on a house in Highworth has been agreed to, now what?
The estate agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Call up Bank of Ireland or your financial adviser and complete any outstanding paperwork. Bank of Ireland will instruct a valuer who will get in contact with the selling agent or vendor to arrange a time for the valuation to take place. Once carried out (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Bank of Ireland will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Highworth.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Highworth?
Unless a previous purchase of the premises completed after 12 October 2013 you could assume that solicitors delivering conveyancing in Highworth to continue to recommend a chancel search and or chancel repair liability policy.
I decided to have a survey done on a house in Highworth before appointing solicitors. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will not give a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Highworth. Conveyancing may be slightly more expensive based on your lender's requirements.