Souldinstructing a Stockbridge conveyancing lawyer make my purchase more efficient?
Stockbridge is a unique place, where regional insight is a significant benefit. The laid-back lifestyle has an upside – just not when it comes to your home move. The property lawyers that we list combine well rounded Stockbridge intelligence with a proactive, can doapproach that ensures everything runs smoothly. It is a distinct advantage that they benefit from good relationships with mortgage brokers, local authorities, valuers and counterpart Stockbridge conveyancing practitioners
What does my ID and proof of funds have anything to do with my conveyancing in Stockbridge? Is this really necessary?
It is indeed that case that these requests have nothing to do with conveyancing in Stockbridge. However these days you will not be able to proceed with any conveyancing process without first providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Evidence of your source of monies is necessary under Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer must retain this information on file. Your Stockbridge conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask additional queries concerning the source of funds.
We're in Stockbridge, First time buyers purchasing with a mortgage (lender is HSBC , and our lawyer is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We previously instructed solicitors with offices in Stockbridge on the Clydesdale solicitor approved list. They have just invoiced me a further sum for dealing with the Clydesdale mortgage. Is this a supplemental conveyancing fee specified by Clydesdale?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your lawyer can levy a fee for this. This charge is not dictated by Clydesdale but by your Stockbridge property lawyer. Plenty of firms on the Clydesdale panel will quote an ‘acting for lender’ fee and others do not.
We have a mortgage agreed in principle with Coventry BS. Stockbridge conveyancing lawyers were chosen. What is the average time that one could expect to receive a mortgage offer from Coventry BS?
There is no definitive answer here. Have Coventry BS completed the survey? Have you informed Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Intending to buy a maisonette in Stockbridge. 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 Nottingham 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 Stockbridge lawyer is on the Nottingham conveyancing panel.
It has been four months since my purchase conveyancing in Stockbridge completed. 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 residence 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 have been advised by a couple of local estate agents in Stockbridge to find a solicitor on your site. What’s the financial upside for Estate Agents to promote your lawyers rather than another?
We don’t offer any commission for directing people to this site. We found it would be just too difficult to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.