Recently contacted my conveyancing solicitor in Flamborough who acted for me two years ago asking for a conveyancing estimate based on an identical type of home move (a leasehold premises and a freehold premises) of similar values with a loan from Santander. I am now being quoted double. Am I right to be tempted to shop around for a cheaper internet conveyancer?
The quote is fractionally on the steep side. If you shop around you may be able to decrease the fees marginally by perhaps £100 plus VAT. That being said, providing that you were pleased with the assistance the firm gave you mightcome to regret opting for an an unknown solicitor. Don't forget to check the conveyancer can act for Santander. You can utilise our search tool to find a Flamborough conveyancing firm on the Santander conveyancing panel, which can often include conveyancing solicitors in Flamborough.
My husband and I intend to remortgage our maisonette in Flamborough with Kent Reliance. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the flat is repossessed. I have two concerns (1) Is this document specific to the Kent Reliance conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Kent Reliance. This is solely used to protect Kent Reliance if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Kent Reliance had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
As someone not used to the Flamborough conveyancing process what is the number one tip you can give me for the legal transfer of property in Flamborough
You may not hear this from too many lawyers but conveyancing in Flamborough and elsewhere in East Yorkshire is an adversarial process. In other words, when it comes to conveyancing there is plenty of room for confrontation between you and other parties involved in the legal transfer of property. For instance, the vendor, selling agent and sometimes the mortgage company. Appointing a lawyer for your conveyancing in Flamborough is a critical decision as your conveyancer is your adviser, and is the ONE person in the transaction whose responsibility is to look after your legal interests and to protect you.
Every so often a third party with a vested interest may attempt to convince you that it is in your interests to do things their way. For instance, the selling agent may claim to be assisting by claiming that your conveyancer is dragging his heels. Or your financial adviser may try to convince you to do take action that is contrary to your lawyers advice. You should always trust your lawyer above all other parties in the conveyancing process.
Due to the advice of my in-laws I had a survey completed on a house in Flamborough before appointing solicitors. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Flamborough. Conveyancing will be smoother if you use a solicitor in Flamborough especially if they are familiar with such properties in Flamborough.
I am four weeks into a freehold purchase having been referred to conveyancers by the high street agent to do our conveyancing in Flamborough. I am am extremely disappointed with the quality of service. Could you help me find new lawyers?
They would have to be very bad in order to consider diss instructing them. Has the mortgage offer been issued? If so you will need to advise them of the new contact details and have the offer are re-issued. The solicitor ideally should be on the banks approved list to avoid added fees and complications. That should be your starting point. Our search tool should help you find a lender approved conveyancer for your conveyancing in Flamborough