I was recommended to a lawyer who has given a fee calculation of £1200 for no sale no fee conveyancing in St Asaph. I am looking to sell a Georgian property for £200,000. This appears overpriced. Is it in excess of what I should be paying for conveyancing in St Asaph?
The estimate does seem marginally overpriced. If you shop around you may be able to trim some of the cost by say £100 plus VAT. On the other hand, you mightcome to regret choosing an an unknown lawyer. Don't forget to ensure that the firm can represent your lender. You can use our comparison tool to choose a St Asaph conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in St Asaph.
It is 10 years ago since I acquired my house in St Asaph. Conveyancing lawyers have now been retained on the sale but I can't find my deeds. Is this a problem?
Don’t worry too much. Firstly the deeds may be retained by your lender or they may be archived with the solicitor who acted in the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Almost all conveyancing in St Asaph involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
Do I have to visit the offices of the solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in St Asaph so that I can attend their offices if necessary.
These days conveyancing panel lawyers for lenders conduct their communications through Royal Mail, internet or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in England or Wales. Nevertheless you should check if you can still book an appointment to visit conveyancing lawyer if you prefer.
When it comes to lenders such as Co-operative, do St Asaph property lawyers incur a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We expect to receive a DIP from UBS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any St Asaph solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint St Asaph solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I have paid off my mortgage with TSB. I assume I don't need a St Asaph property lawyer on the TSB panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
Various online forums that I have frequented warn that are the number one cause of obstruction in St Asaph conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in St Asaph.
I bought my home on 3 October and the transaction details is not yet registered. Any reason for this? My conveyancing solicitor in St Asaph advises it would be formalised in less than a month. Are properties in St Asaph particularly slow to register?
As far as conveyancing in St Asaph registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can differ according to the party submitting the application, whether there are errors and whether the Land registry need to notify any 3rd parties. At present approximately three quarters of such applications are fully dealt with within 12 days but some can be subject to extensive delays. Registration is effected after the new owner is living at the premises so an expedited registration is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.