I was referred a solicitor who has given a fee estimate £1350 for freehold conveyancing in Stafford. I am hoping to downsize from a newly refurbished property for £275,000. Is this too much? Is it in excess of the norm for conveyancing in Stafford?
The quote is fractionally on the high side. If you are prepared to spend time scrutinising charges you could trim some of the expense by say £100 plus VAT. On the other hand, you couldlive to rue opting for an an unknown solicitor. If is important to be sure that the conveyancer can act for your lender. Do use our search tool to get a quote a Stafford conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Stafford.
At what point can the exchange of contracts happen for purchase conveyancing in Stafford and do I need to attend the lawyers branch?
Where you are near to one of the conveyancing solicitors in Stafford you are invited in to sign the paperwork. However, the law practices we recommend supply a nationwide conveyancing service and give as equally detailed and professional a job for you when dealing with you by post or email. The signing of the contract is not the critical part. A signed contract is necessary for the firm to address the formalities at the appropriate time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stafford)to be in the office at the appropriate time.
Two weeks ago we had a mortgage agreed in principle with RBS. Stafford conveyancing solicitors have been appointed. What is the average time that one could expect to receive a mortgage offer from RBS?
Some lenders take longer than others. Have RBS completed the survey? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am expecting a OIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Stafford solicitors on the Leeds Building Society conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Stafford solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
Planning on purchasing a house in Stafford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore 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 Stafford lawyer is on the Aldermore conveyancing panel.
I am looking into buying my first house which is in Stafford and I am already nervous. I couldn't find anything specific about Stafford. Conveyancing will be needed in due course but do you know about the Stafford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Stafford. In the meantime here are some basic statistics that we found
Should I use a Stafford conveyancing practitioner who is local to the property I am buying? I have an old university friend who can perform the legal formalities however his firm is located 400kilometers drive away.
The benefit of a local Stafford conveyancing firm is that you can visit the firm to execute documents, hand in your ID and pester them if necessary. Having local Stafford know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were content that should surpass using an unfamiliar Stafford conveyancing lawyer solely due to them being Stafford based.
Our lenders have just issued us with a mortgage offer. We instructed a long established conveyancer in Stafford last week. A couple of hours ago, our broker called to say that the lender said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we had no idea that the lender had some control over our choice Is this permitted?
You are at liberty to choose any lawyer you prefer to select for your conveyancing in Stafford but if they are not on the your bank's panel you will have to incur an extra fee so the mortgage company can retain their own solicitors as well to protect their interest. On occasion it is conceivable that your preferred conveyancing firm to get included on to the bank list of approved firms. Do make the most of online tools including lenderpanel.com to find a conveyancing solcitor in Stafford on the mortgage company panel. You can go into your high street mortgage company branch in Stafford. They will know some good conveyancing solicitors in Stafford on the approved list.