I'm in the process of changing my current residential loan to a BTL Barnsley Building Society mortgage. The bank has said that I need a lawyer as part of the process. I spoke to my previous St Neots conveyancing solicitor who who conducted the conveyancing when I originally acquired the premises. The fee calculation they've given of £500 has taken me by surprise as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The costs illustration is slightly on the high side. If you you were to look around you may be able to shave off some of the expense by say £100 plus VAT. On the other hand, providing that you were happy with the legal work the firm offered you maylive to regret opting for an a cheaper solicitor. Remember to check the conveyancer can also act for Barnsley Building Society. Do employ our search tool to locate a St Neots conveyancing firm on the Barnsley Building Society member panel, which can often include conveyancing solicitors in St Neots.
Can you clarify what the consequences are if my solicitor is suspended from the Nottingham Conveyancing panel ahead of completing my conveyancing in St Neots?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I need some quick conveyancing in St Neots as I am faced with a deadline to sign on the dotted line in less than one month. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are not taking a mortgage you are at free not to do searches although no law firm would recommend that you don't. Drawing on our experience of conveyancing in St Neots the following are instances of issues that can crop up and adversely impact future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
I have been on the look out for a leasehold apartment up to £305k and identified one close by in St Neots I like with amenity areas and transport links nearby, however it's only got 49 years unexpired on the lease. I can't really find anything else in St Neots for this price, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
My business partner and I are looking to lease a unit on a shopping parade. Can you recommend lawyers offering competitive charges for non-domestic conveyancing in St Neots for less than 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in St Neots, including the sale and acquisition of businesses as well as simply premises. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right lawyer. As for the costs these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or phone us so that we may furnish you with a detailed commercial conveyancing quote.
I'm purchasing a apartment in St Neots. I have found my conveyancer's company on the Law Society's list, but I can't find my conveyancer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the company must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unlicensed staff.