Why do I have to pay up front for my conveyancing in The Borough?

If you are buying a property in The Borough your lawyer will request that you place them with monies to cover the search fees. Ordinarily this is called for to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this should be required immediately ahead of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a couple of days prior to the completion date.

We are purchasing a detached bungalow in The Borough. Our aim is to carry out an extension to the side at the house.Will legal conveyancing on the property involve enquiries to determine if these alterations are allowed?

Your conveyancer will review the deeds as conveyancing in The Borough will occasionally reveal restrictions in the title documents which restrict categories of alterations or need the permission of a 3rd party. Many works call for local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.

The mortgage over my property is with Barclays for my property in The Borough. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?

Your original mortgage agreement with Barclays will provide that you need their approval prior to letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. You need not do this via a Barclays conveyancing panel firm.

About to purchase house in The Borough. 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 Principality 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 The Borough solicitor is on the Principality conveyancing panel.

I acquired my house on 11 September and the transaction details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in The Borough said it will be recorded in less than a month. Are titles in The Borough uniquely lengthy to register?

As far as conveyancing in The Borough is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can vary subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any 3rd persons or bodies. At present approximately 80% of submission are completed within two weeks but occasionally there can be extensive delays. Historically registration occurs after the purchaser has moved in to the property so an expedited registration is not always top priority but where there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.

I am purchasing a new build house in The Borough benefiting from help to buy. The builders would not move on the price so I negotiated £7000 of extras instead. The estate agent advised me not to tell my conveyancer about the side-deal as it could 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.

What makes your site different to other online quote calculators for conveyancing in The Borough?

At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in The Borough. Unlike many estate agents and many comparison sites we do not have referral arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the most per referral, rather than the best value conveyancing in The Borough