Recently been in touch with my conveyancing lawyer in Fenstanton who acted for me 18 months ago and wanted a conveyancing costs illustration based on the same type of house move (a leasehold property and a freehold premises) of similar values with a loan from Leeds Building Society. I am now being charged twice the amount. Better the devil I know or do I try and find a cheaper internet conveyancer?
The estimate does seem a little overpriced. If you are content to invest time scrutinising costs you might decrease the fees marginally by perhaps a hundred pounds. That being said, assuming were happy with the assistance the firm offered you maylive to regret opting for an an unknown lawyer. If is important to ensure the conveyancer can act for Leeds Building Society. Do use our search tool to choose a Fenstanton conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Fenstanton.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Fenstanton. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/9/2024, the requirements read as follows :
When it comes to lenders such as Nottingham, do Fenstanton solicitors incur a fee to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I have decided to exercise my right to buy my property in Fenstanton off the council. I have a mortgage agreed with HSBC. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
I am due to exchange contracts on my house. I had a double glazing fitted in August 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Virgin Money are being difficult. The Fenstanton solicitor who is on the Virgin Money conveyancing panel is recommending indemnity insurance as a solution but Virgin Money are requiring a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
About to purchase a new build apartment in Fenstanton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Fenstanton
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Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I am buying a property and require a conveyancing solicitor in Fenstanton who is on the lender solicitor panel. Can you recommend a Fenstanton or local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who conduct conveyancing in Fenstanton. We dont recommend any particular solicitor.