Just contacted my conveyancing lawyer in Southbourne who completed the legal work two years ago asking for a conveyancing costs illustration based on an identical type of house move (a leasehold residence and a freehold premises) of almost identical values with a mortgage from Barclays . I am now being charged double. Stick with what I know or do I try and find a cheaper online firm of conveyancing solicitor?
The estimate fees are a bit high. If you are content to spend time comparing costs you could trim some of the expense by perhaps £100 plus VAT. On the other hand, if you were pleased with the service the firm offered you mightcome to regret choosing an a cheaper conveyancer. Remember to ensure that the firm can represent Barclays . Do utilise our search tool to locate a Southbourne conveyancing firm on the Barclays approved list of lawyers, which can often include conveyancing solicitors in Southbourne.
Our son is about to exchange on a house that has just been built in Southbourne with a home loan from RBS. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am buying a new build apartment in Southbourne. 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 legal work.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Southbourne
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.
I decided to have a survey done on a house in Southbourne prior to retaining solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies tend not grant a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Southbourne. Conveyancing may be slightly more expensive based on your lender's requirements.
What can I do where I am dissatisfied with the lawyer who undertook our conveyancing in Southbourne?
We live in an imperfect world, and unfortunately every so often things do go wrong. However there is recourse if you were dissatisfied with your conveyancing in Southbourne. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain dissatisfied you may consider getting in touch with the Legal Ombudsman.