My fiance’s mother is a property lawyer. I anticipate that I will receive friends and family pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Bilston and Bradley?
You should compare pricing. Make use of our comparison tool on this site. The charges may vary but the service one can expect differ between law firms as is true with the vast majority of professional services.
I require conveyancing for an apartment in a fairly new development (6 years old) in Bilston and Bradley. 95% of the flats are already disposed of. Do I need carry out the neighbourhood searches for my conveyancing in Bilston and Bradley?
You are putting yourself at risk in refusing to carrying out Bilston and Bradley conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that your lawyer conducts them. If time pressures and cost are top of your concerns you should consider with your lawyer about the viability of search insurance
My aunt pointed out to me me that in purchasing a property in Bilston and Bradley there could be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?
There are a number of properties in Bilston and Bradley which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Bilston and Bradley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I had a mortgage agreed in principle with Co-operative. Bilston and Bradley conveyancing practitioners have been instructed. What is the average time that one could expect to receive a mortgage offer from Co-operative?
There is no definitive answer here. Have Co-operative done the survey? Have you informed Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Completion of my purchase has taken place for my property in Bilston and Bradley. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Bilston and Bradley I like with open areas and station in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Bilston and Bradley suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I have been recommended by a couple of local estate agents in Bilston and Bradley to get a quote from a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to market your lawyers over another?
We don’t give any referral fee for sending work in our direction. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.