The solicitor who helped my former purchase has sent a quote for £1350 for no move no fee conveyancing in Kettering. I am selling a purpose built property for £250,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Kettering?
The charges are a bit high. If you shop around you could shave off some of the expense by as much as a hundred pounds. On the other hand, you maylive to rue choosing an an unknown lawyer. Don't forget to check that the firm can also act for your mortgage company. You can use our comparison tool to locate a Kettering conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Kettering.
The Kettering conveyancing lawyers that I appointed last week on my house acquisition in Kettering have without warning shut down. I chose them because I had to have a solicitor on the Santander conveyancing panel and my preferred Kettering lawyer was not. I issued them a cheque for £250 in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
3 months have gone by since my purchase conveyancing in Kettering concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in Kettering with the aid of help to buy. The developers refused to move on the price so I negotiated 6k of additionals instead. The property agent suggested that I not disclose to my conveyancer about this extras as it will put at risk my loan with Bank of Scotland. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Your search tool is useful but there are many lawyers listed near Kettering being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our lender?
We are not in the business of recommending one firm above another as the right Kettering conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Kettering knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..