The conveyancer who helped my last purchase has given a fee estimate just over a thousand pound for no sale no fee conveyancing in Worksop. I’m hoping to sell a newly refurbished house for £250,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Worksop?
The charges are a little high. If you shop around you could decrease the fees slightly by perhaps £100 plus VAT. On the other hand, you maycome to rue choosing an an unknown lawyer. Remember to check that the solicitor can act for your bank. You can make use of our search tool to find a Worksop conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Worksop.
How up to date is your search tool for Worksop conveyancing solicitors on the Skipton conveyancing panel? Do Skipton send you an updated list?
Worksop conveyancing firms themselves provide us confirmation that they are on the Skipton conveyancing panel as opposed to being supplied with a list from Skipton directly.
I am buying a new build house in Worksop benefiting from help to buy. The builders refused to move on the price so I negotiated 6k of extras instead. The house builders rep suggested that I not to tell my lawyer about the side-deal as it may impact my loan with the lender. Is this normal?.
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.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Worksop is the location of the property. Can you offer any advice?
Flying freeholds in Worksop are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Worksop you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Worksop may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I'm refinancing my existing property to a BTL mortgage with Platform Home Loans Ltd and I will use the rest of the raised equity as a down payment on another house. The area we are interested in is Worksop. Will your conveyancers be able to act for the two lenders and link together the conveyances?
Do use our search tool on this page to be sure that the conveyancers are approved by both lenders. On the basis that they are the lawyer will be able to tie up the two conveyancing matters but you should talk with you lawyer and make clear your desired outcome and requirements.