I was recommended to a solicitor who has sent a quote for just over a thousand pound for no sale no fee conveyancing in March. I am hoping to sell a newly refurbished house for £275,000. This seems too much. Is it in excess of what I should be paying for conveyancing in March?
The estimate does seem marginally steep. If you shop around you could get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you maycome to rue opting for an an untested conveyancer. If is important to enquire that the conveyancer can represent your mortgage company. You can employ our comparison tool to get a quote a March conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in March.
Our son is in the process of securing a new build apartment in March with a mortgage from UBS. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the UBS conveyancing panel as a standard part of the process, and to the surveyor when asked. 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 UBS 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 the registered owner of a freehold house in March but nevertheless charged rent, why is this and what is this?
It is rare for properties in March and has limited impact for conveyancing in March but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
We are planning to move home in May. Does my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you recommend a removal company in March. Conveyancing lawyer was found before I stumbled across your site.
On the day of completion you will need to collect the house keys from your selling agent but this should only be done once the vendors conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. You should tell the removal company that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can help you choose a conveyancing in March or a solicitor with expertise in conveyancing in March.
We have a mortgage agreed in principle with Clydesdale. March conveyancing lawyers were chosen. How long does it take for Clydesdale to send the offer to the lawyer?
Some lenders take longer than others. Have Clydesdale completed the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am buying a property in March. One unusual aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Co-operative your lawyer must follow the formal instructions set out in Part two of UK Finance Lenders’ Handbook for Co-operative. The CML Handbook includes minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Co-operative where a lease does not meet these provisions. The provisions relate to the installation of panels on properties countrywide and is not isolated to March.
Have purchased a a terraced house in March , What is the estimated time for the Land Registry to record the transfer to my name? My March conveyancing solicitor works at snail pace, so I want to be sure that my ownership is registered.
As far as conveyancing in March registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether it is in order and whether the Land registry communicate with any third persons or bodies. Currently in the region of three quarters of such applications are fully dealt with in less than three weeks but some can be subject to protracted hold-ups. Registration is effected once the purchaser is living at the property so registration formalities is not typically primary concern but where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in March differ for new build properties?
Most buyers of new build or newly converted property in March approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because builders in March tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in March or who has acted in the same development.