I opted for a high street solicitor for our conveyancing in Nailsea today. Upon checking the terms of engagement I noteI am on the hook for costs even if our purchase doesn't happen. Would I be best advised to choose an internet firm who offer no completion no cost conveyancing in Nailsea?
Generally there is a concession along the lines that if "No Sale No Fee" is available then the conveyancing charges will generally be higher to neutralise those conveyances that do not go ahead. Dont forget that such deals generally do not cover expenditure e.g. Nailsea conveyancing search costs.
We are a couple about to exchange contracts for a freehold house in Nailsea. We encountered a stumbling block. The loan offer with Bank of Ireland expires on 29/9/2025 but the vendors are insisting on a completion date of 1/10/2025. Is it possible to prolong the loan expiry date?
The person best placed to address this question is your lawyer who will determine whether they should be discussing with the lender, vendor’s solicitors, selling agents or indeed all parties taking into account what has happend in your conveyancing as of today.
It is a dozen years since I acquired my property in Nailsea. Conveyancing lawyers have just been appointed on the sale but I can't find the deeds. Will this cause complications?
Don’t worry too much. Firstly there is a possibility that the deeds will be with the mortgage company or they may be in the possession of the conveyancers who oversaw your purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Nailsea involves registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
We are buying a apartment in Nailsea. I might seem paranoid but how we can trust a solicitor? On completion day we will need to send our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Nailsea CQS (Conveyancing Quality Scheme) solicitors are on the Santander conveyancing panel?
A selection of banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
The mortgage over my property is with Leeds Building Society for my property in Nailsea. Conveyancing was finalised months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
You must advise Leeds Building Society prior to renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. You need not do this via a Leeds Building Society conveyancing panel lawyer.
I used Action Conveyancing a few years past for my conveyancing in Nailsea. I now require my file but the law firm has closed. What do I do?
You should call 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 Nailsea of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What does commercial conveyancing in Nailsea cover?
Nailsea conveyancing for business premises incorporates a wide range of advice, offered by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.