I'm in the process of transferring my current residential loan to a Buy to Let Barnsley Building Society mortgage. I was told by my financial advisor that I require a solicitor for this. I got in contact with my former Old Coulsdon conveyancing practitioner who who did the conveyancing when I initially acquired the house. The costs estimate e-mailed to me of £450 plus VAT is surprising as its a refinance than a sale or purchase.
The estimate does seem a tad on the high side. If you are prepared to invest time scrutinising prices you might shave off some of the expense by say £125. That being said, providing that you were satisfied with the legal work the firm gave you maycome to regret choosing an a cheaper lawyer. Don't forget to enquire that the conveyancer can represent Barnsley Building Society. You can use our search tool to choose a Old Coulsdon conveyancing firm on the Barnsley Building Society approved list of lawyers, which can often include conveyancing solicitors in Old Coulsdon.
Can your site be used to find a Conveyancing solicitor in Old Coulsdon even where I’m not purchasing or selling a house, for example where I wish to acquire an office in Old Coulsdon with a mortgage from The Mortgage Works?
Our comparison service is predominantly utilised to locate domestic conveyancing solicitors in Old Coulsdon but we have recorded towards the end of this page a selection of Old Coulsdon commercial conveyancing firms. You should enquire with the solicitors directly to establish if they can also act for The Mortgage Works
We're in Old Coulsdon, First time buyers buying with a mortgage (lender is Nottingham , and our solicitor is on the Nottingham conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How does conveyancing in Old Coulsdon differ for new build properties?
Most buyers of new build premises in Old Coulsdon contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Old Coulsdon tend to buy the site, 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 Old Coulsdon or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in Old Coulsdon ahead of instructing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some banks will refuse to grant a loan on this type of premises.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Old Coulsdon. Conveyancing will be smoother if you use a solicitor in Old Coulsdon especially if they are acquainted with such properties in Old Coulsdon.
I am looking into buying my first house which is in Old Coulsdon and I am already nervous. I couldn't find anything specific about Old Coulsdon. Conveyancing will be needed in due course but do you know about the Old Coulsdon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Old Coulsdon. In the meantime here are some basic statistics that we found