We were about to retain a conveyancing solicitor in Trowbridge Estate recommended by you but stumbled across some other estimates on the internet seem less expensive – why is this?
There are plenty of conveyancers advertising what appear to be cut price. We would encourage you to think twice about how much you respect your own move to you are willing to take 'cheap' risks in relation to the quality of the conveyancing. Many of them accentuate a low quote to catch your eye but conceal supplemental costs in the small print..
Me and my fiancee are buying our first house. Our solicitor has texted usto ask if we wish to purchase additional conveyancing searches. Frankly we are clueless as to what's necessary for conveyancing in Trowbridge Estate
The range of Trowbridge Estate conveyancing searches depends entirely on the property, the location, the probability of any of these risks, your knowledge of the region and risks, your overall attitude to risk. What matters is that you adequately comprehend what information each search could supply. You may then decide if you consider that you need that information. Should you be unsure, ask your solicitor to recommend.
Me and my partner are purchasing a house in Trowbridge Estate. I might seem paranoid but how we can trust a solicitor? At some point we will need to send our life savings into their account. What is the protection we have from them run away with our deposit?
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.
I am currently in the process of buying my council flat in Trowbridge Estate. I have a mortgage agreed with Kent Reliance. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
It is not clear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Trowbridge Estate bank branch on various occasions and was told it does not affect the mortgage offer and they will lend. My Trowbridge Estate conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they would not lend based on their specific requirements. I have no idea who is right.
The property lawyer must comply with the CML Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
The deeds to my property are lost. The lawyers who handled the conveyancing in Trowbridge Estate 4 years ago have long since closed. What are my next steps?
Gone are the days when you need to have the physical original deeds to evidence that you are the owner of your registered land or property, as the Land Registry have everything they need in a digital format.
I opted to have a survey carried out on a property in Trowbridge Estate prior to retaining solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some lenders tend not issue a mortgage on such a house.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Trowbridge Estate. Conveyancing may be slightly more expensive based on your lender's requirements.