I was recommended to a conveyancer who has quoted £1200 for fixed fee conveyancing in Slade Green. I am looking to sell a purpose built house for £275,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Slade Green?
The quote is slightly on the high side. If you shop around you might shave off some of the expense by as much as a hundred pounds. On the other hand, you maylive to regret choosing an an untested solicitor. If is important to check that the conveyancer can also act for your mortgage company. You can make use of our comparison tool to choose a Slade Green conveyancing company on the banks member panel which can often include conveyancing solicitors in Slade Green.
Will my lawyer be raising questions regarding flooding during the conveyancing in Slade Green.
Flooding is a growing risk for solicitors dealing with homes in Slade Green. Some people will acquire a property in Slade Green, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Conveyancers are not best placed to give advice on flood risk, however there are a number of searches that may be carried out by the purchaser or by their conveyancers which can figure out the risks in Slade Green. The conventional set of information given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the vendor to find out if the premises has suffered from flooding. If the premises has been flooded in past which is not disclosed by the vendor, then a purchaser could bring a legal claim for losses stemming from an incorrect response. The purchaser’s lawyers will also commission an environmental report. This should reveal whether there is a recorded flood risk. If so, further investigations will need to be conducted.
The deeds to my home are lost. The lawyers who did the conveyancing in Slade Green 10 years ago have long since closed. What are my options?
These day there are copies made of almost everything, and your conveyancer will be aware exactly where to find all the appropriate documentation so you may purchase or sell your house without any difficulty. If copies are not available, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on the premises.
I am buying a new build house in Slade Green with a loan from Lloyds TSB Bank. The sellers refused to budge the price so I negotiated 6k of additionals instead. The estate agent told me not to tell my conveyancer about this extras as it will put at risk my mortgage with the bank. 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.
I am 3 weeks into a leasehold purchase having been referred to solicitors by the estate agent to do our conveyancing in Slade Green. We are not happy. Could you help me find new solicitors?
They would have to be really bad in order to consider replacing them. Has the loan offer been sent? If so you need to inform them of the new contact details and get the offer are issued to the new lawyers. Your new solicitor ideally should be on the lenders panel to avoid supplemental expenses and delays. That should be your first question of the new lawyers. Our search tool should assist you in finding a lender approved solicitor for your home move in Slade Green
My intention is to purchase a garden apartment in Slade Green. Conveyancing lawyer has been awaiting, from the vendor, building insurance schedule. I was told today I was advised that the vendor needs to send the insurance schedule for the flat above in addition. Why does my conveyancing practitioner want to check the insurance for the other flat? Is it strictly necessary? We have been stalled for the previous fortnight…
It is not impossible in leasehold conveyancing in Slade Green to find Conveyancing in Slade Green in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats as opposed to the landlord insuring the entire building - which is clearly preferable. Do check with your conveyancer but it would seem that your conveyancing practitioner is looking to verify that the whole building is insured. Insuring your apartment is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt due to lack of insurance.