There is lots of information on this site concerning conveyancing in Finedon but what is your top tip for finding the right conveyancer in Finedon
We would encourage you not to base your choice on the cheapest Finedon conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I have decided to exercise my right to buy my property in Finedon off the council. I have a mortgage offer with RBS. 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 RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
Planning on purchasing a apartment in Finedon. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS 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 Finedon lawyer is on the RBS conveyancing panel.
Various web forums that I have visited warn that are the number one cause of delay in Finedon house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Finedon.
Due to the input of my in-laws I had a survey completed on a house in Finedon ahead of retaining lawyers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some banks tend refuse to give a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with 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 Finedon. Conveyancing may be slightly more expensive based on your lender's requirements.
We're FTB’s - agreed a price, but the estate agent advised that the vendor will only move forward if we use the agent's preferred lawyers as they want an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in Finedon
It is unlikely the owners are driving this. If they desire ‘a quick sale', alienating a serious purchaser is not the way to achieve this. Contact the owners directly and explain that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to appoint your preferred Finedon conveyancing solicitors - not the ones that will earn the negotiator at the agency a introducer fee or achieve conveyancing thresholds set by senior management.
I am soon to exchange buying a property in Finedon but as a consequence of wreckage from the recent storms I have agreed compensation from the vendor of five thousand pounds taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process yet my bank will not permit this. Should they have been involved?
Any property lawyer being on the bank conveyancing panel is obliged to advise the mortgage company of any variations to the purchase amount. In the event that you were to refuse your conveyancer to disclose the reduction to your lender then they would have no choice but to discontinue representing you and the mortgage company.