My family solicitor has given a fee calculation of £995 for leasehold conveyancing in Stourport On Severn. I am hoping to sell a Victorian property for £150,000. This appears overpriced. Is it above what I should be paying for conveyancing in Stourport On Severn?

The charges are a bit high. If you shop around you might decrease the fees marginally by as much as £100 plus VAT. On the other hand, you mightlive to rue opting for an a cheaper solicitor. If is important to be sure the solicitor can represent your bank. You can employ our search tool to find a Stourport On Severn conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Stourport On Severn.

Why is leasehold purchase conveyancing in Stourport On Severn is more expensive?

Stourport On Severn leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Stourport On Severn. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Virgin Money, pay off the mortgage. Is this possible?

If you plan to re-mortgage then Virgin Money will require that you use a conveyancer on the Virgin Money conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Virgin Money conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Virgin Money mortgage is registered as a charge at the Land Registry.

I'm purchasing my first flat in Stourport On Severn benefiting from help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not inform my conveyancer about this deal as it could affect my loan with Britannia. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

My wife and I have recently appointed a conveyancing solicitor in Stourport On Severn. I need to find out if they are on the bank's approved list of lawyers. Can you advise?

You should call the conveyancer to enquire if they are on the lender's panel. Alternatively please get in touch with us and we can make some checks for you. If they are not on the lender panel we can certainly arrange a specialist conveyancing solicitor in Stourport On Severn on the approved list for your mortgage company.