My family solicitor has sent a quote for just over a thousand pound for no move no fee conveyancing in Cornwall. I am looking to sell a modern property for £250,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Cornwall?
The estimate does seem marginally overpriced. If you shop around you could get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, you mightlive to regret opting for an an untested solicitor. If is important to check that the solicitor can represent your bank. Do utilise our search tool to locate a Cornwall conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Cornwall.
The Cornwall conveyancing firm handling our Cornwall conveyancing has uncovered an inconsistency between the assumptions in the valuation survey and what is revealed within the conveyancing documents. My solicitor has advised that he must ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action appropriate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Can you help - my lawyer advises that lack of planning permission insurance is needed on my purchase. What is the level of cover for Cornwall conveyancing?
The right level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between Lloyds TSB Bank and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
Is it the case that all Cornwall solicitors on the Yorkshire BS conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Yorkshire BS conveyancing panel they would need to be regulated by the SRA. Some lenders do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the Council of Licensed Conveyancers.
I recently had an offer agreed on an apartment in Cornwall. My financial adviser pressured me to appoint their property lawyer. I paid an advanced payment of £175. A couple of days later, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
three months have gone by since my purchase conveyancing in Cornwall concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey done on a property in Cornwall in advance of appointing lawyers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some lenders will not issue a loan on this type of property.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cornwall. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been Googling for Cornwall online conveyancing estimates. Can I be sure that all the Cornwall practices that are listed on your directory are on the bank conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the lender panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Cornwall conveyancing solicitor being on the mortgage company conveyancing panel is incorrect.