My partner’s mother is a solicitor. I suspect that I will be offered friends and family pricing for conveyancing, However if that does not come through, what kind of fees should I be expecting for conveyancing in Towcester?
It’s sensible to seek 3 or more like-for-like conveyancing quotes. Make use of our comparison tool on this site. The quotes do vary but service levels do are distinct between solicitors as is the case with most professions.
My wife and I have recently appointed a conveyancing solicitor in Towcester. I need to find out if they are on the Norwich and Peterborough Building Society approved list of lawyers. Could you assist?
The first thing to do is phone your solicitor and enquire whether they can act for the lender. Alternatively you can call Norwich and Peterborough Building Society who may be able to confirm.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Towcester. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions 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 Towcester
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. 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 element on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Towcester is where the house is located. Can you offer any guidance?
Flying freeholds in Towcester are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Towcester you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Towcester may decide 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 residence.
We are 18 days into a freehold purchase having been referred to conveyancers by the selling agent to execute conveyancing in Towcester. I am am extremely dissatisfied with the quality of service. Can you you assist me in finding new lawyers?
A conveyancer would have to be really bad in order to consider changing them. Has the loan offer been issued? If so you must advise them of the new conveyancer and have the offer are re-issued. Your new solicitor ideally needs to be on the mortgage company panel to avoid supplemental costs and complications. That should be your starting point. Our search tool should assist you in finding a lender approved conveyancer for your home move in Towcester
Our solicitor in Towcester has identified a a problem with the lease for the apartment we are buying in Towcester. The seller’s lawyers have suggested title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer says that as he is on the mortgage company conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. A precondition to being on the lender approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.