Recently contacted my conveyancing solicitor in Underwood who completed the legal work 18 months ago asking for a conveyancing costs illustration based on the same type of house sale & purchase (a leasehold premises and a freehold property) of similar values with a home loan from Clydesdale. I am now being charged twice the amount. Better the devil I know or should I seek out a cheaper online firm of conveyancing solicitor?
The estimate does seem a tad on the high side. Where you are content to invest time comparing charges you may be able to decrease the fees slightly by say £100 plus VAT. That being said, if you were happy with the legal work the firm provided you maylive to rue opting for an a cheaper conveyancer. If is important to check that the conveyancer can also act for Clydesdale. Do employ our search tool to choose a Underwood conveyancing firm on the Clydesdale member panel, which can often include conveyancing solicitors in Underwood.
Are the Underwood conveyancing solicitors identified as being on the TSB conveyancing panel, together with their details provided by TSB?
Underwood conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Underwood. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 20/4/2024, the requirements read as follows :
My husband and I are new on the property ladder - had an offer accepted, but the selling agent informed us that the owners will only issue a contract if we use their recommended lawyers as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer accustomed to conveyancing in Underwood
It is unlikely the sellers are driving this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you intend to use your own,trusted Underwood conveyancing lawyers - as opposed tothe ones that will provide the estate agent a referral fee or achieve conveyancing thresholds set by senior management.
I am in need of some leasehold conveyancing in Underwood. Before I get started I require certainty as to the number of years remaining on the lease.
Assuming the lease is registered - and almost all are in Underwood - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Underwood - Examples of Queries before buying
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If a Underwood lease has less than 80 years it will impact the value of the property. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of how much this will be. Remember, in most cases you will be required to have been the owner of the property for two years before you are eligible to extend the lease. Does the lease include onerous restrictions? Is there a share of the freehold?
We are in the process of purchasing a flat in Underwood. Could our solicitor keep our transaction price a secret from sites such as Zoopla. How do I make sure this is not disclosed?
The Land Registry are legally bound to specify price paid information on the official title for domestic properties nationwide including homes in Underwood. The register of ownership is an open document, so HM Land Registry would be breaching their statutory duty if they did not allow access to the register.
You can ask the Land Registry to hide the price paid entry however the response would be a No.