Recently been in touch with my conveyancing solicitor in Midsomer Norton who completed the legal work 18 months ago requesting a conveyancing estimate based on the same type of house sale & purchase (a leasehold property and a freehold property) of similar values with a mortgage from Alliance & Leicester . It looks as though am now being charged double. Am I right to be tempted to shop around for an alternative property lawyer?
The estimate does seem a tad steep. If you you were to look around you might get the conveyancing a bit cheaper by say £125. On the other hand, providing that you were happy with the conveyancing the firm gave you maycome to rue choosing an an unknown conveyancer. Don't forget to ensure that the firm can also act for Alliance & Leicester . You can use our search tool to choose a Midsomer Norton conveyancing firm on the Alliance & Leicester approved list of lawyers, which can often include conveyancing solicitors in Midsomer Norton.
We were just about to exchange contracts for a leasehold flat in Midsomer Norton. We encountered a snag. Our mortgage offer with Bank of Ireland expires on 17/11/2025 but the owners are putting forward a completion date of 19/11/2025. Can one prolong the mortgage offer?
The person best placed to address this concern is your conveyancer who will hopefully determine whether he or she is should be discussing with the lender, vendor’s representatives, selling agents or conceivably all three taking into account the history of your house move as of today.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to instruct a Midsomer Norton based conveyancing firm?
Do check but the the likelihood is that give you one of their panel conveyancers if you take up the "fee-free" incentive. Speak to the bank to ask if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Midsomer Norton.
How does conveyancing in Midsomer Norton differ for new build properties?
Most buyers of new build property in Midsomer Norton approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Midsomer Norton typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Midsomer Norton or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Midsomer Norton is the location of the property. What do you suggest?
Flying freeholds in Midsomer Norton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Midsomer Norton you would need to get your solicitor to go 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 Midsomer Norton 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 premises.