My friend's uncle is a solicitor. I am hopeful that I'll be able to get friends and family rates for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Polegate?
You should contrast pricing. Do use our search tool on this page. Whilst estimates may contrast greatly but the service one can expect differ between solicitors as is the case with the vast majority of professional services.
My aunt passed away six months ago and as sole heir and executor I was left the property in Polegate. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this allowed?
If you intend to refinance then Aldermore will insist on your using a conveyancer on the Aldermore conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Aldermore conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Aldermore mortgage is registered as a charge at the Land Registry.
Is it the case that all Polegate solicitor firms on the Kent Reliance conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be overseen by the SRA. Some mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be governed by the Council of Licensed Conveyancers.
We previously appointed conveyancing lawyers based in Polegate on the Yorkshire BS solicitor approved list. They are now charging me a further sum for handling the Yorkshire BS mortgage. Is this a supplemental conveyancing fee specified by Yorkshire BS?
Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer may levy a fee for this. This charge is not set by Yorkshire BS but by your Polegate lawyer. Some firms on the Yorkshire BS panel will charge an ‘acting for lender’ fee and others do not.
I am currently in the process of buying my council flat in Polegate. I have a mortgage agreed with HSBC. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
4 months have gone by following my purchase conveyancing in Polegate completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in Polegate with the aid of help to buy. The developers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent suggested that I not to tell my lawyer about this deal 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 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.
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £450,000 flat in Polegate next Wednesday. The landlords agents has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Polegate?
Polegate conveyancing on leasehold flats typically involves fees being levied by managing agents :
Completing pre-exchange enquiries
Where consent is required before sale in Polegate
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Polegate Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
On the whole the outlay for major works are not included within maintenance charges, albeit that there some managing agents in Polegate obliged leaseholders to contribute towards a sinking fund and this is used to offset against major works. What is the name of the managing agents?