My friend's dad is a conveyancer. I am hopeful that I will receive mate’s rates for conveyancing, but if not, what level of fees should I be paying for conveyancing in Colyton?
You should compare pricing. Do use our search tool on this site. You will notice that charges do vary but the service one can expect are distinct between solicitors as is the case with the vast majority of professional services.
Do I have to attend the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Colyton so that I can attend their offices if required.
As opposed to twenty years ago, almost all lenders no longer need their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to hand over ID documents and there are still manifest advantages to using a local solicitor, in your case a conveyancing solicitor in Colyton.
Is there a list of Lloyds panel solicitors in Colyton on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable over the internet. If you are looking for a Colyton conveyancing practitioner on the Lloyds please make the most of our facility.
I have today made my last payment due on my mortgage with Nottingham. I assume I don't need a Colyton conveyancing practitioner on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
Coventry BS have agreed my home loan in principle, my bid on a flat in Colyton has been agreed to, now what?
Your property agent will need to know who your solicitors are (be sure the conveyancers are on the bank’s approved list). Contact Coventry BS or the broker and finalise any appropriate paperwork. Coventry BS will appoint a valuer who will get in contact with the estate agent or seller to schedule a time for the valuation to occur. Once conducted (assuming no problems) it takes about a fortnight to receive the mortgage offer. Coventry BS will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Colyton.
I got the keys to my flat on 9 August and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Colyton expressed confidence that it should be concluded in less than a month. Are properties in Colyton particularly slow to register?
There is nothing unique when it comes to conveyancing in Colyton registration formalities. Rather than based on location, timescales can differ depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any third persons or bodies. Currently approximately three quarters of submission are completed within 12 days but occasionally there can be extensive delays. Registration occurs once the new owner has moved in to the property therefore registration formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I opted to have a survey carried out on a property in Colyton before instructing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some banks will refuse to issue a loan on this type of premises.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Colyton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Colyton to see if the conveyancing costs will increase in light of this.
I was recommended by two or three local estate agents in Colyton to select a property lawyer on your site. What’s the financial advantage for Estate Agents to market your services over alternative conveyancing organisations?
We refuse to make any referral fee for directing people our way. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.