My partner’s dad is a conveyancing practitioner. I anticipate that I can be offered mate’s pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Copthorne?

It’s a good idea to get 3 or more like-for-like conveyancing estimates. Make use of our search tool on this page. The charges seem to be different but the service one can expect are distinct between conveyancers as is the case with the vast majority of professional services.

My fiance and I decided to purchase a purpose built flat in Copthorne with a residential mortgage from TSB.We would like to retain our Copthorne conveyancing lawyer but TSB says her practice is not on their "panel". We have to appoint a TSB panel firm or retain our local solicitor and fork out for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that solicitors must be on the TSB approved list. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for TSB

Me and my partner are purchasing a flat in Copthorne. It might be a silly question but how we can trust a lawyer? On the day of competition we will need to deposit money into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Is it the case that all Copthorne CQS (Conveyancing Quality Scheme) solicitors are on the RBS conveyancing panel?

A selection of lenders now make use of CQS as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.

I had an offer accepted on a property in Copthorne on 5/11/2024, valuation was booked 2 days after, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Lloyds and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Lloyds conveyancing panel. Can the lender hold off the offer?

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Lloyds to deal with your lawyer's application to be on the Lloyds conveyancing panel. There's no guarantee that your solicitor will be accepted.

I used Stirling Law several years past for my conveyancing in Copthorne. I now require my papers but the law firm is no longer operating. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Copthorne of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £250,000 apartment in Copthorne next Monday. The managing agents has quoted £372 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Copthorne?

Copthorne conveyancing on leasehold flats often requires the purchaser’s lawyer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to respond to these enquiries most will be willing to assist. They are at liberty to invoice a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee demanded by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration fees, otherwise the charge is technically not due. In reality you have little option but to pay whatever is demanded if you want to exchange contracts with the buyer.

Leasehold Conveyancing in Copthorne - A selection of Questions you should consider before Purchasing

Best to be warned whether window replacement or some other significant cost is coming up to be shared by the leasehold owners and will materially impact the level of the service costs or result in a one off payment. What is the yearly service fee and ground rent? The best form of lease arrangement is a share of the freehold. In this scenario the tenants enjoy control and although a managing agent is frequently employed where the building is bigger than a house conversion, the managing agent is directed by the tenants.