I'm in the process of changing my current homeowner home loan to a Buy to Let Santander mortgage. I have been informed by my broker that I must appoint a conveyancer as part of the process. I got in contact with the same Northumberland conveyancing firm who dealt with the legals when I originally purchased the house. The costs illustration supplied of £500 is an eye-watering amount to do this as its a remortgage than a sale or purchase.
The estimate does seem a little overpriced. If you are content to invest time contrasting quotes you might reduce the fees slightly by say £100 plus VAT. That being said, if you were content with the conveyancing the firm offered you maylive to rue opting for an an unknown solicitor. Remember to check that the solicitor can act for Santander. You can utilise our search tool to locate a Northumberland conveyancing firm on the Santander approved list of lawyers, which can often include conveyancing solicitors in Northumberland.
A friend suggested that if I am purchasing in Northumberland I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Northumberland conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Northumberland around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Northumberland Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Northumberland Education with plans and statistics, Local Amenities and other useful information concerning Northumberland.
The deeds to our home are lost. The conveyancers who dealt with the conveyancing in Northumberland 4 years ago have long since closed. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer will be aware exactly where to look for all the suitable documentation so you may buy or sell your property without a hitch. If copies can’t be located, your conveyancer may be able to put in place insurance or indemnities protecting you against future claims on the property.
I'm buying a new build house in Northumberland with a mortgage from Barclays Direct. The developers refused to move on the price so I negotiated £7000 of additionals instead. The estate agent suggested that I not to tell my solicitor about this side-deal as it will adversely affect my loan with Barclays Direct. 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.
Taking into account that I am about to spend 450k on a two bedroom apartment in Northumberland I would like to talk to a lawyer regarding thehouse move before giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Northumberland.There is no ‘factory style conveyancing’ - each client is unique person, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Northumberland should be the figure that you end up paying.