I'm in the process of transferring my current residential mortgage to a Buy to Let TSB mortgage. The bank has said that I need a conveyancer as part of the process. I got in contact with my previous Dosthill conveyancing firm who acted on my behalf when I initially purchased the property. The costs illustration provided of £470 has shocked me as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The costs illustration is slightly on the high side. If you are willing to spend time comparing quotes you may be able to trim some of the cost by say a hundred pounds. That being said, providing that you were happy with the conveyancing the firm gave you mightlive to regret opting for an a cheaper conveyancer. Don't forget to be sure that the firm can also act for TSB. You can employ our search tool to choose a Dosthill conveyancing firm on the TSB member panel, which can often include conveyancing solicitors in Dosthill.
Do the conveyancing solicitors listed on your site conduct conveyancing in Dosthill by way of an attended exchange?
There are a few conveyancing specialists who can conduct one day exchanges. You should call us to receive a costs illustration and details as to dates.
What does my ID and proof of funds have anything to do with my conveyancing in Dosthill? Why is this being asked of me?
Dosthill conveyancing solicitors as well as nationwide property practitioners throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no more than three months).
Confirmation of the origin of monies is also necessary in compliance with the money laundering laws as lawyers are mandated to ensure that the funds you are utilising to buy a property (be it the exchange deposit or the full purchase amount if you are buying mortgage free) has come from legitimate source (such as an inheritance) and is not the proceeds of criminal behaviour.
I am refinancing my apartment in Dosthill, does my lawyer need to be on the HSBC Conveyancing panel?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a property in Dosthill? or Apparently there is historic law that could mean that homeowners living in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this appropriate for conveyancing in Dosthill?
Unless a prior purchase of the house completed after 12 October 2013 you could take it that solicitors carrying out conveyancing in Dosthill to continue to recommend a chancel search and or insurance against a claim.
How does conveyancing in Dosthill differ for new build properties?
Most buyers of new build property in Dosthill come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Dosthill usually acquire the real estate, 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 conveyancers 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 used to new build conveyancing in Dosthill or who has acted in the same development.