I instructed a high street solicitor for our conveyancing in Taverham today. Upon checking the fine print I seewe are on the hook for fees even where the conveyance does not complete. Would I be best advised to use an internet lawyer offering no completion no charge conveyancing in Taverham?
Generally there is a concession along the lines that if "No Sale No Fee" is available then the conveyancing charges will generally be higher to counteract those transactions that do not proceed. Please beware that such promotions generally do not cover expenses e.g. Taverham conveyancing search charges.
It is a dozen years since I purchased my home in Taverham. Conveyancing solicitors have now been appointed on the sale but I can't track down the deeds. Will this cause complications?
Don’t worry too much. Firstly the deeds may be kept by your mortgage company or they could be in the possession of the lawyers who acted in your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Taverham relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
How can we tell if a Taverham conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Taverham getting 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 advertising the lowest fees. We would always advise that you speak with the solicitor handling your transaction.
I have a mortgage with Bank of Ireland for my property in Taverham. Conveyancing was finalised some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Bank of Ireland?
Your original mortgage agreement with Bank of Ireland will provide that you need their approval prior to renting your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. It may be that Bank of Ireland will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel solicitor.
The formalities of my purchase has taken place for my property in Taverham. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I used Wolstenholmes several years ago for my conveyancing in Taverham. I now require my papers however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Taverham 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.
How does conveyancing in Taverham differ for newly converted properties?
Most buyers of new build premises in Taverham approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Taverham usually acquire the land, 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 accustomed to new build conveyancing in Taverham or who has acted in the same development.
I'm refinancing my current home to a buy to let loan with Birmingham Midshires and I will use the rest of the raised equity as a deposit on another house. The neighborhood we are interested in is Taverham. Will your solicitors be able to act for the two lenders and link together the two deals?
Make use of our comparison tool on this site to check that the lawyers are approved by both banks. Assuming that they are the lawyer will be able to tie up the two conveyancing matters but you should have a chat with you lawyer and make apparent your desired outcome and requirements.