My fiance’s uncle is a conveyancing practitioner. I expect that I'll be able to get preferential pricing for conveyancing, However if that does not come through, what level of fees would I typically be looking at for conveyancing in Dunholme?
Do compare pricing. Do use our comparison tool on this page. Whilst charges do vary but the service one can expect differ between property lawyers as is the case with most professions.
In the event thatI was to purchase a simple residential propertyin Dunholme for cash and dispense with a survey and no local authority searches how much could I expect to to save on my conveyancing in Dunholme?
The only reduction in fees you would achieve is the costs for searches. A solicitor is obliged to do the vast majority of work - money laundering, communicating with your vendors lawyer, stamp duty submission, register the property etc. You might save a bit for them not needing to register a mortgage however it won't be a lot.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Dunholme solicitor on the UBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS 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 UBS mortgage from the register. UBS, 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 UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I recently had an offer agreed on an apartment in Dunholme. My mortgage broker pressured me to appoint their lawyer. I paid an advanced payment of £150. A couple of days later, the conveyancer called me embarrassingly acknowledging that they were not on the Lloyds 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 Lloyds 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.
Nottingham have agreed my home loan in principle, my offer on a house in Dunholme has been agreed to, what happens next?
The property agent will need to be informed of your solicitor's details (make sure the conveyancers are on the bank’s panel). Telephone Nottingham or the broker and complete any appropriate forms. Nottingham will appoint a valuer who will get in contact with the estate agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes on average a fortnight to receive the mortgage offer. Nottingham will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Dunholme.
How does conveyancing in Dunholme differ for newly converted properties?
Most buyers of new build or newly converted property in Dunholme contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Dunholme typically buy 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 property lawyers 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 Dunholme or who has acted in the same development.
I was advised by a few property agents in Dunholme to get a quote from a conveyancer on your site. Is there a financial advantage for Estate Agents to promote your services ahead of a competitor’s?
We don’t make any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My fiance and I have recently had an offer agreed on a flat and had an appointment on Friday with Nationwide for the mortgage. They have informed me that when it comes to appointing a property lawyer that unless they are on their approved list of solicitors then we will have to pay out an additional charge of £250+. This is because they would then have to select a conveyancer to act for them as well as the one we select on our behalf and we will be on the hook for their invoice. I have requested Nationwide to send me with a list so I can request estimates only from their approved lawyers but was told they dont have such a list to hand over. Is their an easier way of going about this?
You can enquire of Nationwide what their panel criteria is for a solicitor.Then ask the conveyancer of your choice whether they fit that criteria and have they acted on mortgages for Nationwide in the past. Where the answer to those is yes, then just double check with Nationwide. Alternatively please utilise our search facility and we should be able to identify a property lawyer in Dunholme on the approved list for Nationwide.