We were about to instruct a conveyancing solicitor in Street found using your comparison tool but have come across some other fee calculations on the internet appear less pricey – why is this?
There are plenty of firms advertising self styled cut-price conveyancing, but extracharges end up with the completion invoice mounting up beyond all recognition. In accordance with regulatory requirements fees outlined in terms of business should be transparent and reasonable and be applied The solicitors that we put forward for conveyancing in Street specify all costs for a domestic conveyancing case.
Is it the case that all Street CQS (Conveyancing Quality Scheme) solicitors are on the Skipton conveyancing panel?
Some major banks and building societies now make use of CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
Can you point me to a directory of Virgin Money panel conveyancers in Street on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings viewable online. Where you are looking for a Street conveyancer on the Virgin Money please use our facility.
I recently had an offer accepted on a house in Street. My mortgage broker pressured me to appoint their solicitor. I paid an upfront payment of £200. Shortly after, the lawyer called me embarrassingly acknowledging that they were not on the TSB 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 TSB 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.
My relative advised me that if I am purchasing in Street I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Street conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Street around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Street.
five months have elapsed following my purchase conveyancing in Street concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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 asset 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.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one near me in Street I like with amenity areas and transport links nearby, however it only has 61 years on the lease. There is not much else in Street in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a mortgage that many years will be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
It may have been a long time coming a loan offer from a bank for the remortgage of my 3 bedroom flat is coming imminently. Are you able to recommend an efficient remortgage conveyancing law firm in Street ?
You have come to the wrong place to search for the cheapest conveyancing in Street. Our aim is to provide excellent value conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by brokers offering £99 conveyancing in Street.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for additional fee and still not receive the service you were looking for.