My wife and I are due to complete buying a property in Stoke Sub Hamdon but as a consequence of wreckage from a small fire at the property I have was able negotiate compensation from the vendor in the sum of £3k in the form of a reduction in the price. I had intended this to be addressed as part of a side agreement however Nottingham are not allowing this. Why were they approached?
Any property lawyer being on a Nottingham approved list is obliged to disclose to Nottingham of any variations to the sale price. If you were to refuse your lawyer to notify the price change to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new solicitor for your conveyancing in Stoke Sub Hamdon.
At what point can the exchange of contracts take place for sale conveyancing in Stoke Sub Hamdon and am I required to be at the conveyancers office?
Where you are round the corner to our conveyancing solicitors in Stoke Sub Hamdon you are invited in to sign contracts. However, the firms we work with supply countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you digitally. The signing of the contract is not the important part. A signed contract is necessary for the solicitor to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stoke Sub Hamdon)to be in the office at the appropriate time.
We wanted to use a property lawyer in Stoke Sub Hamdon for our house purchase. Our broker has since notified us that our bank Barnsley Building Society won't deal with them. Why is this not regarded as unduly restrictive?
Lenders in the main imposes restrictions either the type or the amount of conveyancing solicitors on their member panel. A common example of such criteria being that a law practice must have two or more partners. In addition to restricting the type of firm, some have limited the number of firms they permit to represent them. Be aware that Barnsley Building Society have no responsibility for the quality of advice provided by any member of Barnsley Building Society Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels a few years ago even though there are mixed opinions about the extent of solicitor engagement in some of that fraud. Statistics from the Land Registry reveal that plenty of law firms, including some in or near Stoke Sub Hamdon only perform very few conveyances a year.
If you had a top tip for selecting a conveyancing solicitor in Stoke Sub Hamdon what would it be?
It would be unwise to be swayed by the cheapest Stoke Sub Hamdon conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
My fiancee and I are in the throws of looking at flats in Stoke Sub Hamdon and I am now considering a potential offer. Is it best to have my lawyer on ‘stand by’? I intend to finance via a home loan with HSBC.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. Given that you are obtaining a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.
After months of negotiation I have agreed a price on a house in Stoke Sub Hamdon. My mortgage broker recommended their conveyancers. I paid an upfront payment of £175. Soon after, the conveyancing practitioner called me sheepishly admitting that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Given that I will soon part with £400,000 on a garden flat in Stoke Sub Hamdon I would like to talk to a solicitor about mytransaction in advance of instructing the firm. Can this be arranged?
Absolutely - we would be delighted to talk to you we do not take any clients on without you liaising with the conveyancer due to be carrying out your property ownership legalities in Stoke Sub Hamdon.There is no ‘factory style conveyancing’ - each client is an important individual, not a file number. The practices that we put you in touch with believe that the fees you are quoted for residential conveyancing in Stoke Sub Hamdon should be the amount on the final invoice that you are charged.
I have been sourcing a conveyancing lawyer in Stoke Sub Hamdon for my house move. Is it possible to see a solicitor's complaints history with the profession’s regulator?
You may see published Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator may monitor call for training reasons.