Just been in touch with my conveyancing solicitor in Mountsorrel who acted for me 18 months ago and wanted a conveyancing costs illustration based on the same type of house sale & purchase (a leasehold property and a freehold property) of similar values with a mortgage from Leeds Building Society. I am now being charged double. Better the devil I know or do I try and find a cheaper online property lawyer?
The charges are a tad high. If you shop around you could shave off some of the cost by perhaps £125. That being said, if you were satisfied with the conveyancing the firm gave you couldcome to rue opting for an an untested lawyer. Don't forget to ensure the conveyancer can represent Leeds Building Society. You can employ our search tool to choose a Mountsorrel conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Mountsorrel.
We are looking to buy a flat and need a conveyancing solicitor in Mountsorrel who is on the Barclays solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Mountsorrel.
This question may be naive but I am unexperienced as FTB of a two bedroom flat in Mountsorrel. Do I receive the keys to the premises on the completion date from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Mountsorrel?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the vendor’s conveyancers, and once they have received this, you should be invited to receive the keys from the selling Agents and move into your new home. Usually this happens between 1 and 3pm.
My wife and I buying a victorian detached house in Mountsorrel. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve investigations to ascertain if these works are prohibited?
Your property lawyer should review the registered title as conveyancing in Mountsorrel will sometimes reveal restrictions in the title deeds which restrict certain works or require the permission of a 3rd party. Some additions need local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
Are all Mountsorrel Conveyancing Quality Solicitors on the Kent Reliance conveyancing panel?
It is true that some lenders now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
My wife and I own a semi-detached Victorian property in Mountsorrel. Conveyancing practitioner represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Mountsorrel and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who conducted the conveyancing.
I am buying a new build house in Mountsorrel with a loan from Norwich and Peterborough Building Society. The builders would not reduce the amount so I negotiated £7000 of extras instead. The sale representative told me not inform my conveyancer about this extras as it could adversely affect my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Due to the input of my in-laws I had a survey completed on a house in Mountsorrel ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some banks will refuse to issue a loan on such a premises.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you e-mail us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Mountsorrel. Conveyancing may be slightly more expensive based on your lender's requirements.