My previous lawyer has sent a quote for £1200 for leasehold conveyancing in Sudbury. I am hoping to downsize from a Edwardian detached home for £175,000. This appears overpriced. Is it in excess of what I should be paying for conveyancing in Sudbury?
The estimate does seem a tad steep. If you shop around you might shave off some of the expense by as much as £100 plus VAT. That being said, you maylive to rue opting for an an untested conveyancer. Remember to ensure the conveyancer can act for your mortgage company. You can utilise our search tool to locate a Sudbury conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Sudbury.
Our lawyer has discovered a a problem with the lease for the property we are purchasing in Sudbury. The other side have suggested title insurance as a workaround. We are happy with insurance and will pay for it. Our conveyancer has advised that he must ensure that the lender is willing to move forward with this solution. Who is the client here, us or the mortgage company ?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. These conveyancing instructions must be adhered to.
I am intent on selling our property in Sudbury and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an online conveyancing outfit rather than a conveyancing solicitor in Sudbury. We have lived in Sudbury for many years we know that this is a non issue. Is it a good idea to contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am buying a new build house in Sudbury with a loan from Lloyds TSB Bank. The developers refused to budge the amount so I negotiated 6k of additionals instead. The house builders rep advised me not disclose to my conveyancer about this deal as it will adversely affect my loan with the lender. 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.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed charges for non-domestic conveyancing in Sudbury for under £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Sudbury, including the disposal and purchase of businesses as well as simply premises. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. As for the charges these will vary based on the structure and nuances of the proposed transaction. Let us have your contact information or email us so that we may furnish you with comprehensive commercial conveyancing quote.
We are seeking to buy a repossessed property in Sudbury and the vendor demand completion within 28 days. Can a conveyancer meet that timeframe? Am I best advised to instruct a local Sudbury firm or an online firm that advertises to offer speedy conveyancing?
Attend your Sudbury shopping parade. Pop in to two or three solicitor’s offices and ask to talk to a conveyancing solicitor for an estimate. Set out your needs and seek assurances on deadlines. Select the firm that appears most efficient. Make sure to select a solicitor on the panel of conveyancers acceptable to your lender.