The mortgage offer from Santander for the remortgage of my single bedroom maisonette is expected any day now. Could you propose a low cost conveyancing law firm in Longridge?
You have come to the wrong place to search for cut-price fees for conveyancing solicitors in Longridge. We can offer you excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers enticing you with ninety nine pound conveyancing in Longridge. In your best case scenario, in deciding on low cost conveyancing, you will earn what you pay for and at worst it will result in you being stung for extras and still not end up with the service expected.
I have given 2 months notice to my existing landlord and have to vacate my let out flat in Longridge by 10/3/2022. Conveyancing for my house purchase is underway. Can I complete in 5 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to give notice on a rental unless you have exchanged. If you have not previously done so, contact to your solicitor and urge them to they cajole the owners solicitors, try to a target completion date that everyone will look to achieve
Why do I have to pay up front for conveyancing in Longridge?
Where you are retaining lawyers for conveyancing in Longridge your lawyer will ask you place them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the purchase price then this will be required immediately in advance of contracts are exchanged. The final balance that is due should be transferred a couple of days prior to the day of completion.
We previously instructed solicitors located in Longridge on the Coventry BS solicitor approved list. They have just billed me a further sum for the legal aspects of the Coventry BS mortgage. Is this a supplemental conveyancing fee set by Coventry BS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your lawyer may charge a fee for this. The charge is not set by Coventry BS but by your Longridge conveyancing practitioner. Some firms on the Coventry BS panel will quote ’dealing with mortgage’ fee but many firms include it on their overall fee.
How can we know in advance if a Longridge conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Longridge getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor carrying out your conveyancing.
I am buying a property in Longridge. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Leeds Building Society be concerned?
Given that you are obtaining a mortgage with Leeds Building Society your lawyer must check the formal instructions set out in Part two of UK Finance Lenders’ Handbook for Leeds Building Society. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Leeds Building Society where a lease fails to satisfy these specifications. The conditions relate to the installation of panels on properties countrywide and is not isolated to Longridge.
I am purchasing my first flat in Longridge with the aid of help to buy. The developers refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not to tell my solicitor about this deal as it may put at risk my mortgage with the lender. Is this normal?.
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.
Do I stop the direct debit for my mortgage with Coventry BS as soon as a completion date for my sale in Longridge has been agreed?
You are best advised to keep paying any mortgage payments to Coventry BS pending the mortgage being repaid out of the proceeds of sale as part of your Longridge conveyancing.