We were about to retain a conveyancing solicitor in Littleport listed using your search tool but have come across some other fee calculations via the web look cheaper – how come?
One can find plenty of solicitors advertising supposedly £99 conveyancing, yet more often than not additionalcharges end up with the closing bill being inflated. In accordance with regulatory requirements charges contained in terms and conditions should be equitable invoiced The law firms that we list for conveyancing in Littleport specify all legal fees for the property you plan topurchase.
We decided to purchase a 1 bedroom flat in Littleport with a homeloan from Birmingham Midshires.We use our Littleport conveyancing lawyer but Birmingham Midshires says her practice is not on their "panel". we are left little option but to use a Birmingham Midshires panel firm or keep our preferred solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Birmingham Midshires use our lawyer?
Unfortunately,no. The loan offered to you is subject to its terms and conditions, a common one being that lawyers must be on the Birmingham Midshires approved list. in the past, most banks had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Birmingham Midshires
We are buying a house in Littleport. It might be a silly question but how we can trust a lawyer? At some point we will need to put our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Littleport CQS (Conveyancing Quality Scheme) solicitors are on the RBS conveyancing panel?
Some major lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
I have today made my last payment due on my mortgage with Clydesdale. I assume I don't need a Littleport property lawyer on the Clydesdale panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I am looking to sell my house. My past conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Littleport if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Littleport. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Last November I purchased a leasehold property in Littleport. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the registered owner of a 1 bedroom flat in Littleport, conveyancing formalities finalised 10 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Littleport with over 90 years remaining are worth £192,000. The ground rent is £55 charged once a year. The lease runs out on 21st October 2076
With just 54 years unexpired the likely cost is going to be between £32,300 and £37,400 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.
Our estate agent has recommended their solicitor for the conveyancing in Littleport - Surely it’s advisable to just use them?
This is not necessarily the case and you are at liberty to instruct whichever solicitor you prefer for your Littleport conveyancing. A conveyancer recommended by a 3rd party adviser may not necessarily be the best conveyancer, they may recommend their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.