The conveyancer who assisted with my previous purchase has quoted £1200 for leasehold conveyancing in Worsley. I am hoping to sell a purpose built property for £250,000. Are the quoted fees excessive? Is it in excess of the norm for conveyancing in Worsley?
The estimate does seem a tad overpriced. Where you are content to invest time comparing prices you might trim some of the cost by perhaps £100 plus VAT. On the other hand, you mightcome to rue opting for an an untested lawyer. If is important to be sure that the solicitor can act for your mortgage company. You can utilise our search tool to select a Worsley conveyancing practice on the banks member panel which can often include conveyancing solicitors in Worsley.
My mortgage company has suggested a law firm on their panel based in Worsley but I would rather use a conveyancing lawyer in Worsley or nearer to where I live. Are you able to assist?
Not all Worsley conveyancing practitioners are approved and listed on all banks conveyancing panel. Use the above search tool to locate a Worsley conveyancing firm on the on the mortgage company panel.
We have agreed to purchase a house in Worsley. One unusual aspect is that the roof has a solar panel. RBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is RBS your lawyer must check the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for RBS. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and lawyers are required to report to RBS where a lease does not meet these conditions. The specifications relate to the installation of panels on properties countrywide and is not limited to Worsley.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Worsley solicitor - who is on the Santander conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Worsley postcode. As you are getting a mortgage with Santander, you could contact them to see if they have a list of approved surveyors in Worsley.
At last I have had an offer on a flat in Worsley agreed to, the vendors do nevertheless have an associated purchase. The sellers have offered on a property, but it’s not yet agreed to, and have viewings of other properties in the pipeline. I have chosen a local conveyancing solicitor in Worsley. What do I do now? At what stage should I apply for the mortgage with Principality?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, Worsley conveyancing search charges, etc). The first course of action is to ensure that your lawyer is on the Principality approved list. As to the next phase this very much dictated by the uniqueness of your case, attraction to the property and on the state of the market. During a rising market the majority of purchasers would apply for the mortgage with Principality and pay for the valuation and only if it was satisfactory would they request their conveyancer to move forward with the conveyancing in Worsley.
I have justdiscovered that Stirling Law have been shut down. They conducted my conveyancing in Worsley for a purchase of a leasehold flat 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Worsley conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Worsley ahead of appointing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some banks may not give a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you contact us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Worsley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Worsley to see if the conveyancing costs will increase in light of this.
My husband and I are disposing of a Worsley house left to us some years ago in 2012. I have over 12 years conveyancing experience and, now retired, wish to do my own legal work. The purchaser's solicitor has informed me that their Lenders will not allow us to do our own conveyancing requiring the funds to be passed via a solicitor's bank account.
Mortgage instructions to lawyers from all CML members specify that If the vendor does not have legal representation the borrower's lawyers should check whether the lender needs to be informed so that a decision can be reached as to whether or not they are willing to move forward.