Recently been in touch with my conveyancing solicitor in Swanage who conducted the legals two years ago asking for a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a mortgage from Coventry Building Society. I am now being quoted double. Am I right to be tempted to shop around for a cheaper internet conveyancer?
The estimate fees seem a little high. Where you are happy to spend time scrutinising prices you could reduce the fees slightly by as much as a hundred pounds. That being said, if you were satisfied with the service the firm provided you mightlive to rue opting for an an untested lawyer. Remember to enquire that the firm can also act for Coventry Building Society. You can utilise our search tool to get a quote a Swanage conveyancing firm on the Coventry Building Society member panel, which can often include conveyancing solicitors in Swanage.
In what way does my ID and proof of funds have anything to do with my conveyancing in Swanage? Is this really warranted?
In order to comply with Money Laundering Regulations any Swanage conveyancing firm will require proof of identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, property lawyers are required to ascertain not simply the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this may result in your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to inform the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I used Stirling Law several years ago for my conveyancing in Swanage. I now require my papers however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Swanage of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I decided to have a survey completed on a property in Swanage in advance of retaining lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some banks will not grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Swanage. Conveyancing will be smoother if you use a solicitor in Swanage especially if they are acquainted with such properties in Swanage.
How do I use the search tool to find a conveyancing practitioner in Swanage on the approved list for my lender?
First select a bank such as HSBC Bank, Leeds Building Society or Godiva Mortgages Ltd then choose your location for example Swanage. Conveyancing practices in Swanage and nationally will then be identified.
My husband and I are new to the buying process - had an offer accepted, yet the estate agent told us that the vendor will only move forward if we appoint the agent's recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a local solicitor used to conveyancing in Swanage
We suspect that the owner is unaware of this request. Should the vendor desire ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your preferred Swanage conveyancing firm - not the ones that will provide their negotiator at the agency a referral fee or meet his conveyancing figures demanded by corporate headquarters.