I selected a Suffolk based solicitor for my conveyancing in Suffolk last week. Reviewing the Terms and Conditions I seewe are on the hook for costs even where the conveyance does not complete. Should I go with them or select an internet lawyer offering no completion no cost conveyancing in Suffolk?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will generally be uplifted to cover those cases that do not proceed. You should be mindful that such schemes rarely cover expenses e.g. Suffolk conveyancing search costs.
Would the conveyancing solicitors that you recommend handle attended exchange conveyancing in Suffolk?
We do have a number of conveyancing experts who can conduct one day exchanges. You should call us to receive a fee calculation and details as to availability.
2 months have gone by following my purchase conveyancing in Suffolk concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build apartment in Suffolk. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Suffolk
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Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Suffolk is the location of the property. Is there any guidance you can impart?
Flying freeholds in Suffolk are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Suffolk you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Suffolk may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Our lenders have just issued us with a mortgage offer. We appointed a high street conveyancer in Suffolk two days ago. A couple of hours ago, our financial adviser contacted us saying that the lender said that we cannot use our solicitor as they aren't on their panel. As FTB's, we did not have a clue that the lender had some control over our choice Is this legal?
You can actually choose any lawyer you wish to use for your conveyancing in Suffolk but if they are not on the your bank's panel you must incur additional cost so your lender can appoint their own solicitors as well to protect their interest. On occasion it is conceivable that your solicitor may apply to get added to the lender panel. You can use online tools including lenderpanel.com to find a conveyancing solcitor in Suffolk on the bank panel. You can go into your local mortgage company branch in Suffolk. They can recommend conveyancing solicitors in Suffolk on the lender panel.