My previous lawyer has sent a quote for £1350 for no move no fee conveyancing in Martlesham. I’m looking to sell a modern house for £200,000. Is this expensive? Is it in excess of the norm for conveyancing in Martlesham?
The costs illustration is slightly on the expensive side. Where you are content to expend time comparing fee on a like for like basis you could decrease the fees slightly by as much as £100 plus VAT. That being said, you mightlive to rue choosing an a cheaper lawyer. Remember to ensure that the firm can represent your bank. You can make use of our comparison tool to choose a Martlesham conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Martlesham.
Please help. My Martlesham conveyancer is assuring me that he is legally obliged toorder Martlesham conveyancing searches becausethe firm are on the Santanderapproved lawyer panel. Do I not have any say here?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a bank your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the CML Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Martlesham conveyancing searches.
The Martlesham conveyancing solicitors that I recently instructed on my purchase in Martlesham have suddenly shut down. They were on acting for me because I had to have a lawyer on the Barclays conveyancing panel and my family Martlesham lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Barclays conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a property in Martlesham? or Apparently there is historic law that means some owners of property residing in a parish church boundary may be liable to pay for repairs to the chancel within the church. Is this relevant for conveyancing in Martlesham?
Unless a prior acquisition of the house took place post 12 October 2013 you can expect lawyers delivering conveyancing in Martlesham to remain encouraging a chancel search and or chancel repair liability policy.
I'm buying my first flat in Martlesham benefiting from help to buy. The sellers would not reduce the price so I negotiated £7000 of extras instead. The property agent told me not disclose to my solicitor about the extras as it will put at risk my loan with the bank. Should I keep quiet?.
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.
In my capacity as executor for the will of my aunt I am selling a house in Newport but I am based in Martlesham. My solicitor (who is 300 kilometers awayrequires that I execute a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Martlesham to witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Martlesham