I'm in the process of porting my current homeowner loan to a BTL Birmingham Midshires mortgage. I was told by my financial advisor that I need a conveyancer for this. I had a chat my previous Bagshot conveyancing practitioner who acted on my behalf when I previously acquired the property. The costs illustration they've given of £450 plus VAT has taken me by surprise as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a little steep. Where you are happy to spend time comparing costs you could get the conveyancing a bit cheaper by say a hundred pounds. That being said, assuming were content with the assistance the firm provided you mightcome to regret choosing an a cheaper lawyer. Don't forget to ensure that the solicitor can act for Birmingham Midshires. You can utilise our search tool to locate a Bagshot conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Bagshot.
My partner and I are only a couple days away from an exchange on a house in Bagshot and my parents have transferred the 10% deposit to my conveyancer. I am now advised that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my lender. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
Your conveyancing practitioner is legally required to check with the bank to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Can I use your services to locate a Conveyancing solicitor in Bagshot even if I’m not purchasing or selling a house, for example if I wish to buy an office in Bagshot with a mortgage from Barclays ?
Our search tool is mainly there to get a quote from residential conveyancing solicitors in Bagshot but we have set out at the end of this page a few Bagshot commercial conveyancing firms. You will need to make contact with the company directly to check if they can also act for Barclays
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to instruct a Bagshot based conveyancing firm?
You should check but the the probability is that give you one of their panel conveyancers should you take up the "fee-free" incentive. Contact the mortgage company and determine if they allow a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Bagshot.
I have todaybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Bagshot for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bagshot conveyancing specialists.
22 days into a sale of a flat in Bagshot. Conveyancing is fine but we have been asked to pay a fortune by the landlord. To date we have issued a cheque for £295.50 for a leasehold management information and then another £117.20 for responses to queries raised by the purchaser's lawyer.
You will not have control over the level of the bill for this information however the average costs for the information for Bagshot leasehold property is £350. For Bagshot conveyancing sales it is customary for the seller to cover the charges. The landlord or their agents are not duty bound to address these questions most will be content to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no statute that mandates fixed charges for administrative tasks. There is no set time frame by which they are obliged to supply the information.