Recently been in touch with my conveyancing solicitor in Blandfordum who conducted the legals two years ago asking for a conveyancing quote based on an identical type of house sale & purchase (a leasehold property and a freehold property) of almost identical values with a loan from Nationwide Building Society. It looks as though am now being charged twice the amount. Am I right to be tempted to shop around for a cheaper online property lawyer?
The estimate does seem a little on the high side. Where you are happy to spend time scrutinising charges you might get the conveyancing a bit cheaper by as much as £125. On the other hand, if you were happy with the service the firm offered you mightlive to rue choosing an an untested conveyancer. Remember to enquire that the conveyancer can also act for Nationwide Building Society. Do make use of our search tool to choose a Blandfordum conveyancing firm on the Nationwide Building Society member panel, which can often include conveyancing solicitors in Blandfordum.
At what point does exchange of contracts take place for purchase conveyancing in Blandfordum and do I need to attend the lawyers office?
If you are local to one of the conveyancing solicitors in Blandfordum you are welcome to come in to sign the paperwork. That being said, the lender approved solicitors we recommend offer countrywide coverage for conveyancing and give as equally detailed and professional a job for you when communicating with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line is necessary for the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Blandfordum)to be in the office at the appropriate time.
Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Blandfordum?
Its becoming the norm that commercial conveyancing solicitors in Blandfordum will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Blandfordum. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Blandfordum.
For each commercial conveyancing transaction in Blandfordum it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Blandfordum commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Blandfordum.
I own a renovated Georgian property in Blandfordum. Conveyancing practitioner acted for me and Santander. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Blandfordum and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing lawyer who carried out the work.
I am purchasing my first flat in Blandfordum benefiting from help to buy. The developers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not disclose to my conveyancer about this side-deal as it may adversely affect my loan with the lender. Is this normal?.
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.