I was referred a solicitor who has given a fee calculation of £1150 for fixed fee conveyancing in Bude. I’m hoping to sell a purpose built detached home for £300,000. Is this overpriced? Is it above what I should be paying for conveyancing in Bude?
The charges are a bit high. If you are content to expend time comparing costs you may be able to reduce the fees marginally by as much as £100 plus VAT. On the other hand, you maycome to regret choosing an an unknown conveyancer. Don't forget to enquire that the firm can also act for your lender. You can make use of our search tool to select a Bude conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Bude.
My uncle passed away six months ago and as sole heir and executor I was left the property in Bude. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then RBS will insist on your using a conveyancer on the RBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your RBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the RBS mortgage is registered as a charge at the Land Registry.
I'm purchasing a new build house in Bude benefiting from help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not reveal to my lawyer about the extras as it would put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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'm remortgaging my existing house to a BTL mortgage with Accord Mortgages Ltd and I will use the rest of the raised equity as a down payment on further property. The location we are looking at is Bude. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?
Make use of our search tool on this site to check that the solicitors are approved by both mortgage companies. On the basis that they are your conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and make clear your desired outcome and requirements.
I need to retain a conveyancing solicitor for residential conveyancing in Bude. I happened to land on a site which looks to be the perfect offering If it is possible to get all the legals done via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What are my options where I am unhappy with the lawyer who undertook my conveyancing in Bude?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes things do go wrong. However there is recourse if you were not happy with your conveyancing in Bude. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain aggrieved you may consider getting in touch with the Legal Ombudsman.