The conveyancer who dealt with my last purchase has given a fee calculation of just over a thousand pound for no completion no fee conveyancing in St Mawes. I am hoping to downsize from a newly refurbished house for £275,000. Are these conveyancing fees excessive? Is it in excess of the average fee for conveyancing in St Mawes?
The estimate does seem a tad overpriced. If you shop around you could get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you maycome to rue opting for an an untested conveyancer. If is important to ensure the firm can also act for your mortgage company. Do utilise our search tool to choose a St Mawes conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in St Mawes.
My conveyancer has discovered a a problem with the lease for the property we are purchasing in St Mawes. The other side have suggested defective title insurance as a solution. We are happy with insurance and will pay for it. Our conveyancer has advised that he must be satisfied that the bank is happy with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your property lawyer will have no choice but to discontinue acting for you.
Will my conveyancing lawyers need to check that the building insurance when buying a house in St Mawes. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/12/2024, the requirements read as follows :
Do I select a Licenced Conveyancer or Solicitor for conveyancing in St Mawes?
Two types of professional can execute conveyancing in St Mawes namely CLC regulated conveyancers or solicitors. The two can provide the legal services that required to complete the disposal or purchase of property. They are both obliged to carry out St Mawes conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that all requirements and procedures will be appropriately adhered to.
I have paid off my mortgage with Kent Reliance. I assume I don't need a St Mawes solicitor on the Kent Reliance panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance 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 Kent Reliance mortgage from the register. Kent Reliance, 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 Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
Planning on purchasing a maisonette in St Mawes. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the St Mawes lawyer is on the Lloyds conveyancing panel.
I used Arc property Solicitors several years ago for my conveyancing in St Mawes. Now, I need the files but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate 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 St Mawes of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
In what way can the Landlord & Tenant Act 1954 affect my commercial premises in St Mawes and how can you help?
The particular law that you refer to affords a safeguard to business lessees, granting the right to apply to court for a new lease and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in St Mawes