Just contacted my conveyancing lawyer in Highbridge who completed the legal work 18 months ago requesting a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a mortgage from Bank of Ireland. I am now being charged double. Should I hunt for a cheaper online property lawyer?
The quote is fractionally on the expensive side. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. That being said, assuming were content with the service the firm provided you couldlive to rue opting for an a cheaper solicitor. Remember to be sure the firm can represent Bank of Ireland. You can employ our search tool to locate a Highbridge conveyancing firm on the Bank of Ireland conveyancing panel, which can often include conveyancing solicitors in Highbridge.
My wife and I are purchasing a flat in Highbridge. It might be a silly question but how we can trust a solicitor? At some point we have to deposit money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Please help - my lawyer says that absentee landlord insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Highbridge?
The right level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Nationwide Building Society and Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such insurances.
About to purchase maisonette in Highbridge. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Highbridge solicitor is on the TSB conveyancing panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Highbridge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Highbridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing a new build house in Highbridge benefiting from help to buy. The sellers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my conveyancer about the deal as it will put at risk my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I am looking into buying my first house which is in Highbridge and I am already nervous. I couldn't find anything specific about Highbridge. Conveyancing will be needed in due course but do you know about the Highbridge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Highbridge. In the meantime here are some basic statistics that we found