I am considering applying for a Co-operative mortgage for purchase of a new build (under development) in Stamford Bridge with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Co-operative ?
In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
My wife and I are buying a apartment in Stamford Bridge. It might be a silly question but how we can trust a solicitor? At some point we will need to send our life savings into their account. What protection do we have from them run away with our money?
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.
How can we tell if a Stamford Bridge conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Stamford Bridge obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer handling your conveyancing.
About to purchase maisonette in Stamford Bridge. 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 RBS 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 Stamford Bridge conveyancing practitioner is on the RBS conveyancing panel.
We are downsizing from our home in Stamford Bridge and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing firm rather than a conveyancing solicitor in Stamford Bridge. We have lived in Stamford Bridge for many years we know of no issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
It has been 2 months following my purchase conveyancing in Stamford Bridge completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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.
How does conveyancing in Stamford Bridge differ for newly converted properties?
Most buyers of new build residence in Stamford Bridge approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Stamford Bridge usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stamford Bridge or who has acted in the same development.
In scouring the web for the term cheap conveyancing in Stamford Bridge it shows results of many solicitorslocally. How do I determine which is the right property lawyer for me?
The ideal method of finding the right conveyancer is via trusted referral, so ask friends and family who have bought a property in Stamford Bridge or the respected estate agent or mortgage broker. Fees for conveyancing in Stamford Bridge differ, so it's a good idea to obtain at least four costs illustrations from varying types of conveyancers. Make sure that you clarify that the charges are guaranteed not to to be inflated.