My fiance’s uncle is a property lawyer. I am hopeful that I will receive preferential rates for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Rayners Lane?
Do contrast pricing. Do use our comparison tool on this site. You will notice that amounts may vary but the service one can expect are distinct between conveyancers as is the case with most professions.
How up to date is your database of Rayners Lane solicitors on the Leeds Building Society conveyancing panel? Do Leeds Building Society send you an updated list?
Rayners Lane conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
I am helping my niece sell her flat in Rayners Lane. Does the conveyancer commission the energy assessment or it is for the owner to see to?
After the abolition of Home Information Packs, EPC’s was retained a mandatory part of selling a property. An EPC needs to be commissioned before the property is put on the market. This is not as aspect of the sale process that conveyancers normally arrange. If you are instructing a Rayners Lane conveyancing lawyer they might be able to arrange energy assessments given their relationships with reputable Rayners Lane energy assessors
Last month we had a mortgage agreed in principle with Leeds Building Society. Rayners Lane conveyancing practitioners are instructed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
Some lenders take longer than others. Have Leeds Building Society conducted the valuation? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
After much negotiation I have agreed a price on an apartment in Rayners Lane. My mortgage broker suggested a solicitor. I paid an upfront payment of £200. Soon after, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am buying a new build flat in Rayners Lane. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Rayners Lane
Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I have been advised by a few property agents in Rayners Lane to find a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to market your services rather than a competitor’s?
We don’t give any referral fee for directing people in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have chosen a Rayners Lane conveyancing solicitor for our home move (FTB’s) and have spotted in the engagement letter that they are not covered by the Financial Conduct Authority. Should I be concerned or is that standard with conveyancer?
We can't see why they should be. Most conveyancer don't lend money. They will be governed by the SRA, who dictate specific laws in place on funds sitting on client account.