My best friend’s uncle is a property lawyer. I suspect that I will be offered friends and family rates for conveyancing, However if that does not come through, what kind of figure should I be expecting for conveyancing in Axminster?
You should contrast pricing. Do use our search tool on this page. The charges do vary but service levels do are distinct between property lawyers as is true with the vast majority of professional services.
I am hoping to move into my new home in Axminster next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the lender expect the insurance to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These obligations are not limited to conveyancing in Axminster.
The Axminster conveyancing firm that just started acting on my purchase in Axminster have suddenly shut down. I only went with them because I had to have a firm on the Bank of Ireland conveyancing panel and my previous Axminster lawyer was not. I sent them a cheque for two hundred pounds in advance. What are my options?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Bank of Ireland conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
I used Arc property Solicitors several years past for my conveyancing in Axminster. I now require my file however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Axminster 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.
I am downsizing from my property. My past solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Axminster if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Axminster. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I have read on various consumer advice websites that when selecting a conveyancing solicitors they must be approved by your lender. This is my first home move but I have an offer in principle from Santander and I already have a high street conveyancing solicitor in Axminster in place. Does Virgin Money insist on an approved lawyer to be selected? Does a directory of approved firms even exist so I can appoint a conveyancing solicitor in Axminster?
You should choose a solicitor that is on the Virgin Money panel. The simplest thing to do is telephone your chosen Axminster conveyancing lawyer to check if they are on the Virgin Money panel. If they are not approved you have numerous alternatives available to you here:
- Carry on with your existing Axminster conveyancer but Virgin Money will undoubtedly instruct a solicitor on their conveyancing panel. The net result is additional fees and likely frustration.
- Appoint a new solicitor to act in the purchase, ensuring that they are on the Virgin Money conveyancing panel.
- Convince your conveyancer to apply to join the lender panel.