My previous conveyancer has sent a quote for £1400 for leasehold conveyancing in Newton Longville. I am looking to sell a purpose built detached home for £275,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Newton Longville?
The estimate does seem a tad overpriced. If you are prepared to invest time scrutinising quotes you may be able to get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, you mightlive to rue opting for an a cheaper conveyancer. If is important to enquire the firm can act for your lender. You can employ our search tool to locate a Newton Longville conveyancing practice on the banks member panel which can often include conveyancing solicitors in Newton Longville.
My husband and I are refinancing our apartment in Newton Longville with Skipton. We have a son 18 who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have two questions (1) Is this form unique to the Skipton conveyancing panel as he did not need to sign this form when we bought 4 years ago (2) Does our son by signing this extinguish his rights to inherit the property?
First, rest assured that your Skipton conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Skipton. This is solely used to protect Skipton if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Skipton had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I am remortgaging my home in Newton Longville, does my lawyer need to be on the Leeds Building Society Solicitor panel?
In theory, you could use a solicitor that is not on the Leeds Building Society conveyancing panel, but Leeds Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
My aunt advised me that in buying a property in Newton Longville there could be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Newton Longville which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Newton Longville should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have paid off my mortgage with Co-operative. I assume I don't need a Newton Longville conveyancer on the Co-operative panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative 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 Co-operative mortgage from the register. Co-operative, 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 Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
Our sealed bid on a property in Newton Longville has been accepted, the owners do however have a tied purchase. The sellers have offered on a property, however it’s not been accepted yet, and are looking at other flats booked. I have instructed a local conveyancing solicitor in Newton Longville. What do I do now? At what stage should I apply for the mortgage with HSBC?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is in the region of one thousand pounds, then survey, Newton Longville conveyancing search charges, etc). First, you should ensure that your lawyer is on the HSBC conveyancing panel. As to the subsequent steps this very much dictated by the circumstances of your transaction, motivation for the property and on the state of the market. During a rising market many buyers will apply for the mortgage with HSBC and arrange for the valuation and only if it comes back ok would they ask their conveyancing practitioner to move forward with searches.
I opted to have a survey completed on a property in Newton Longville prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some lenders tend not issue a loan on a flying freehold house.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Newton Longville. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Newton Longville to see if the conveyancing will be more expensive.
In my capacity as executor for the will of my uncle I am disposing of a property in Newport but reside in Newton Longville. My solicitor (based 260 miles awayhas requested that I sign a stat dec prior to completion. Could you suggest a conveyancing lawyer in Newton Longville who can witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Newton Longville