I have just started taking steps with the aim of changing my domestic loan to a BTL The Mortgage Works mortgage. The bank has said that I need a lawyer for this. I got in contact with the same Easton conveyancing solicitor who dealt with the legals when I previously acquired the premises. The quote supplied of £500 is surprising as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a tad steep. If you you were to look around you might get the conveyancing a bit cheaper by as much as £125. That being said, providing that you were pleased with the legal work the firm offered you mightcome to rue opting for an an unknown solicitor. Remember to ensure the firm can represent The Mortgage Works. You can make use of our search tool to locate a Easton conveyancing firm on the The Mortgage Works approved list of lawyers, which can often include conveyancing solicitors in Easton.
Please help. My Easton lawyer is assuring me that he is legally obliged toapply for Easton conveyancing searches becausethe firm are on the HSBCsolicitor panel. Is my solicitor right?
Unfortunately both you and your lawyer have little choice here. As you are taking a mortgage with a lender your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Easton conveyancing searches.
I am mortgaging my property in Easton, does my lawyer have to be on the Yorkshire BS Solicitor panel?
In theory, you could use a solicitor that is not on the Yorkshire BS conveyancing panel, but Yorkshire BS 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 conveyancing matter.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Easton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Easton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Easton you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Easton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to instruct a conveyancing practitioner in Easton for my sale. Can I review a firm’s complaints history with the profession’s regulator?
One may find published Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.
Why do I have to supply my conveyancing practitioner with a list of items of identification ahead of starting my conveyancing in Easton?
Easton solicitors are duty bound by the Law Society, Solicitors Regulation Authority, HMLR and current AML legislation to record that the have checked the identity of their clients. It is also sometimes a condition of your bank if you are taking a mortgage. Furthermore they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, national insurance number and date of birth.