Just been in touch with my conveyancing lawyer in Dunston who acted for me two years ago requesting a conveyancing costs illustration based on the same type of house sale & purchase (a leasehold residence and a freehold property) of almost identical values with a mortgage from Leeds Building Society. I am now being quoted twice the amount. Better the devil I know or should I seek out an alternative conveyancer?
The costs illustration is fractionally on the expensive side. If you are happy to invest time contrasting quotes you might get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, assuming were satisfied with the legal work the firm provided you mightcome to regret opting for an an unknown solicitor. Don't forget to enquire the firm can act for Leeds Building Society. Do use our search tool to locate a Dunston conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Dunston.
We are a couple about to sign contracts for a leasehold flat in Dunston. We have hit a snag. The loan offer with Chelsea Building Society runs out on 9/1/2025 but the vendors are insisting on a completion date of 13/1/2025. Is it possible to extend the loan offer?
The person best placed to address this concern is your conveyancer who should calculate if they better off negotiating with the bank, owner’s representatives, estate agents or possibly all parties based on what has gone on in your conveyancing to date.
We are purchasing a flat and need a conveyancing solicitor in Dunston who is on the Principality solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Dunston.
The formalities of my purchase has taken place for my property in Dunston. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I can not work out if my bank requires a lease extension. I have telephoned my Dunston building society branch on numerous occasions and was advised it wasn't a problem and they will lend. My Dunston conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I simply don't know who is right.
As long as the property lawyer is on the lender approved list, she or he must adhere to the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I was told two weeks ago that my mortgage has been agreed to by Barclays. Is it usual for Barclays to only issue the offer once my solicitor in Dunston is approved on their conveyancing panel? Barclays have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Dunston differ for new build properties?
Most buyers of new build premises in Dunston come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Dunston usually acquire the site, 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 Dunston or who has acted in the same development.
How much should conveyancing in Dunston cost?
The amount you are levied for conveyancing in Dunston will vary significantly from company to company. Given these variations it all the more necessary for you to have a full breakdown of charges when you first choose a lawyer. One should always seek three or four quotes.