The conveyancer who helped my previous purchase has quoted £1400 for leasehold conveyancing in Tiverton. I’m hoping to downsize from a Edwardian property for £225,000. Is this expensive? Is it in excess of the norm for conveyancing in Tiverton?
The estimate does seem a tad overpriced. Where you are prepared to invest time contrasting fee on a like for like basis you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, you couldlive to rue choosing an an untested lawyer. If is important to enquire that the solicitor can act for your bank. Do use our search tool to select a Tiverton conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Tiverton.
Would the conveyancing solicitors via your comparison service handle attended exchange conveyancing in Tiverton?
We do have a number of conveyancing specialists who can conduct personalised exchanges. Please e-mail us to obtain a fee calculation and details as to availability.
My wife and I are purchasing a property in Tiverton. I might seem paranoid but how we can trust a solicitor? On completion day we have to put funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We expect to receive a DIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Tiverton solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Tiverton solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
Completion of my purchase has taken place for my property in Tiverton. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Should my solicitor be asking questions regarding flooding during the conveyancing in Tiverton.
The risk of flooding is if increasing concern for solicitors dealing with homes in Tiverton. Some people will purchase a house in Tiverton, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not qualified to give advice on flood risk, but there are a number of checks that can be carried out by the purchaser or on a buyer’s behalf which should figure out the risks in Tiverton. The standard property information forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual inquiry of the vendor to discover if the property has suffered from flooding. In the event that the premises has been flooded in past which is not notified by the seller, then a purchaser may issue a compensation claim as a result of such an inaccurate reply. The purchaser’s lawyers will also order an enviro search. This will disclose whether there is any known flood risk. If so, further investigations will need to be initiated.
The deeds to our property are lost. The lawyers who did the conveyancing in Tiverton 5 years ago have long since closed. Will I be able to sell the house?
As long as you have a registered title the information relating to your ownership will be retained by HMLR with a Title Number. It is easy to perform a search at the Land Registry, identify your house and get up to date copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
Due to the guidance of my in-laws I had a survey completed on a house in Tiverton before retaining lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies may refuse to grant a mortgage on this type of property.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you e-mail us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tiverton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tiverton to see if the conveyancing will be more expensive.