Me and my partner are due to complete buying a house in Dinas Powys but as a result of damage from the recent storms I have was able negotiate compensation from the owner in the sum of six thousand pounds by way of a deduction in the price. This was going to be addressed as part of the conveyancing process however Santander will not permit this. Should they have been informed?
The solicitor that is on a Santander approved list is obliged to advise Santander of any amendments to the sale price. If you prohibit your solicitor to notify the price change to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new conveyancing practitioner for your conveyancing in Dinas Powys.
My wife and I are purchasing a flat in Dinas Powys. It might be a silly question but how we can trust a solicitor? At some point we will need to deposit funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as HSBC, do Dinas Powys property lawyers have to pay a fee to be on the conveyancing panel?
We are unaware of any bank fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We were going to get a DIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Dinas Powys solicitors on the Leeds Building Society conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Dinas Powys solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
How does conveyancing in Dinas Powys differ for new build properties?
Most buyers of new build or newly converted property in Dinas Powys come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is built. This is because house builders in Dinas Powys tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Dinas Powys or who has acted in the same development.
I'm refinancing my existing house to a buy to let loan with TSB and intend to use the remaining equity as a down payment on another property. The location we are interested in is Dinas Powys. Will your solicitors be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this site to ensure that the solicitors are approved by both banks. Having checked that they are the solicitor will be able to tie up the two transactions but you should have a chat with you lawyer and make clear your desired outcome and needs.
I am thinking of appointing a conveyancing lawyer in Dinas Powys for my house move. Is it possible to check a solicitor's record with the legal regulator?
You can find presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.
What are my options where I am dissatisfied with the lawyer who carried out my conveyancing in Dinas Powys?
We live in an imperfect world, and is is a fact of life that occasionally matters do not go as planned. That being said there is recourse if you were not happy with your conveyancing in Dinas Powys. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their governing body. If things still aren’t resolved you may consider enlisting the help of the Legal Ombudsman.