My previous conveyancer has quoted £1350 for no move no fee conveyancing in Midsomer Norton. I’m hoping to sell a modern property for £300,000. Is this too much? Is it in excess of the average fee for conveyancing in Midsomer Norton?
The quote is slightly on the steep side. Where you are content to expend time comparing charges you may be able to trim some of the cost by say £100 plus VAT. That being said, you couldcome to rue choosing an an untested lawyer. If is important to ensure that the firm can act for your bank. Do employ our comparison tool to find a Midsomer Norton conveyancing firm on the banks member panel which can often include conveyancing solicitors in Midsomer Norton.
Can I use your services to find a Conveyancing solicitor in Midsomer Norton even where I’m not purchasing or selling a house, for example where I want to acquire an office in Midsomer Norton with a loan from Barnsley Building Society?
The service is primarily used to select residential conveyancing solicitors in Midsomer Norton but we have recorded towards the end of this page some Midsomer Norton commercial conveyancing firms. You will need to enquire with the solicitors directly to check if they can also act for Barnsley Building Society
We wanted to use a property lawyer in Midsomer Norton for our house move. Our broker informed us that our mortgage lenders National Westminster Bank won't deal with them. Why is this not regarded as unduly restrictive?
Mortgage Companies ordinarily restrict either the category or the volume of conveyancing practices on their approved list of lawyers. Typical examples of such criteria being that a firm must have two or more partners. As well as restricting the profile of firm, a few lenders have decided to limit the amount of solicitor practices they use to represent them. Be aware that National Westminster Bank have no responsibility for the quality of advice provided by any member of National Westminster Bank Conveyancer Panel. Mortgage fraud was a primary driver in the reduction of conveyancing panels since 2008 even though there are differing views concerning the extent of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that thousands of law firms, including some in or near Midsomer Norton only conduct one or two conveyances per annum.
I used Action Conveyancing a few years past for my conveyancing in Midsomer Norton. Now, I need my documents but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Midsomer Norton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing my first flat in Midsomer Norton benefiting from help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not reveal to my conveyancer about this deal as it could put at risk my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Midsomer Norton ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some lenders will refuse to grant a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Midsomer Norton. Conveyancing may be slightly more expensive based on your lender's requirements.