Can the conveyancing solicitors that you recommend carry out right to buy conveyancing in Duston?

We work with a variety of conveyancing lawyers carrying out right to buy conveyancing Please contact the lawyers listed with a view to get a conveyancing quote.

Will conveyancers request money on account for conveyancing in Duston?

Where you are retaining lawyers for conveyancing in Duston your lawyer will request that you place them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is payable against the purchase price then this will be asked for shortly prior to contracts are exchanged. The closing balance that is due will be payable shortly before completion.

My fiance and I are buying a purpose built apartment in Duston with a residential mortgage from Santander.We would like to retain our Duston conveyancing solicitor but Santander advised that his firm is not on their approved list of member firms. We have to appoint a Santander panel lawyer or keep our local solicitor and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?

Unfortunately,no. The mortgage offered to you contains various provisions, a common one being that conveyancers must be on the Santander conveyancing panel. Until recently, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Santander

I was advised by two or three local estate agents in Duston to get a quote from a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to promote your site ahead of a competitor’s?

We refuse to give any referral fee for directing people in our direction. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

I own a leasehold flat in Duston. Conveyancing was finalised in 21012. I have read on numerous advice forums that I mustn’t let the lease length fall too short. Is this correct?

Duston residential long term leases are for a fixed term - normally 99 years when they commenced. However a significant flats in Duston were built or converted in the 70’s80’s and so these leases now have under 80 years unexpired. That may sound like plenty of time but Banks, Building Societies and other mortgage companies generally need leases to have a minimum of 75 years remaining to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are approaching eighty years. To maximise your property value you should be thinking about whether or not to extend your lease well in advance of selling the property. There are also strong financial reasons to doing so before the lease hits eighty years as when the lease falls below eighty years the amount to be paid to extend starts to get a lot more expensive.