Just contacted my conveyancing solicitor in Saffron Walden who acted for me 18 months ago requesting a conveyancing quote based on the same type of house sale & purchase (a leasehold property and a freehold premises) of almost identical values with a loan from Santander. I am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper internet firm of conveyancing solicitor?
The estimate does seem a tad overpriced. Where you are content to spend time comparing quotes you could reduce the fees slightly by perhaps £100 plus VAT. That being said, if you were pleased with the service the firm offered you couldlive to rue opting for an a cheaper lawyer. Remember to enquire the solicitor can also act for Santander. Do use our search tool to get a quote a Saffron Walden conveyancing firm on the Santander approved list of lawyers, which can often include conveyancing solicitors in Saffron Walden.
It is 10 years ago since I purchased my property in Saffron Walden. Conveyancing lawyers have just been appointed on the sale but I am unable to track down my title documents. Is this a major issue?
Don’t worry too much. First there is a chance that the deeds will be kept by your mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Most conveyancing in Saffron Walden relates to registered property but in the rare situation where your home is not registered it is more of a problem but is not insurmountable.
I have been told that property searches are a common reason for delay in Saffron Walden conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Saffron Walden.
I'm purchasing my first flat in Saffron Walden with a mortgage from TSB. The developers refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not reveal to my lawyer about this deal as it may put at risk my loan with the lender. Should I keep quiet?.
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.
Due to the advice of my in-laws I had a survey completed on a house in Saffron Walden prior to instructing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks tend refuse to give a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Halifax. Should you wish to call us we can check 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 Saffron Walden. Conveyancing will be smoother if you use a solicitor in Saffron Walden especially if they are acquainted with such properties in Saffron Walden.
As co-executor for the will of my aunt I am selling a residence in Swansea but live in Saffron Walden. My conveyancer (based 250 miles awayhas requested that I sign a stat dec before completion. Could you suggest a conveyancing practitioner in Saffron Walden to witness and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Saffron Walden