I instructed a South Molton based firm for our conveyancing in South Molton recently. Upon checking the Terms I seewe are liable for fees even if the dealdoes not proceed. Would I be best advised to instruct a web based conveyancing company promoting no move no charge conveyancing in South Molton?
It is usually a trade off in that if "No Completion No Fee" is offered then the fee levels will tend to be be uplifted to counteract the cases that do not proceed. Dont forget that such deals generally do not cover disbursements such your South Molton conveyancing search costs.
We are about to exchange contracts for a property in South Molton. We encountered a problem. The loan offer with Barclays runs out on 12/3/2025 but the owners are insisting on a completion date of 14/3/2025. Is it possible to prolong the loan offer?
The person best placed to address this concern is your solicitors who is in a position to calculate whether they corresponding with the mortgage company, seller’s representatives, estate agents or conceivably all parties given what has happend in your transaction as of today.
Will lawyers request money on account for my conveyancing in South Molton?
Where you are retaining lawyers for conveyancing in South Molton your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the sale price then this should be required shortly before exchange of contracts. The final balance that is needed should be sent to your lawyer shortly before completion.
Will my conveyancer be raising questions regarding flooding during the conveyancing in South Molton.
The risk of flooding is if increasing concern for conveyancers dealing with homes in South Molton. Some people will purchase a house in South Molton, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, however there are a number of checks that may be carried out by the purchaser or by their conveyancers which can figure out the risks in South Molton. The conventional set of completed inquiry forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to discover if the premises has suffered from flooding. In the event that the residence has been flooded in past which is not revealed by the vendor, then a buyer could commence a compensation claim resulting from an misleading reply. A purchaser’s solicitors will also carry out an environmental search. This will higlight whether there is a recorded flood risk. If so, more detailed inquiries will need to be made.
It has been four months since my purchase conveyancing in South Molton concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a conveyancing lawyer in South Molton for my home move. Can I review a firm’s record with the legal regulator?
You may see documented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after 1 January 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA could recorded call for training purposes.