Recently contacted my conveyancing lawyer in Totterdown who acted for me 18 months ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a home loan from Accord Mortgages Ltd. I am now being quoted double. Stick with what I know or do I seek out a cheaper online firm of conveyancing solicitor?
The costs illustration is fractionally on the steep side. If you are willing to spend time comparing quotes you may be able to shave off some of the cost by perhaps £100 plus VAT. That being said, if you were happy with the assistance the firm provided you couldcome to rue opting for an an untested solicitor. Remember to check the firm can act for Accord Mortgages Ltd. Do employ our search tool to locate a Totterdown conveyancing firm on the Accord Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Totterdown.
Me and my partner are purchasing a property in Totterdown. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to put our life savings into their account. What protection do we have from them run away with our monies?
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.
My wife and I have organised the release of further funds on our mortgage from Leeds Building Society as we want to conduct renovations to our property in Totterdown. Are we obliged to select a local Totterdown solicitor on the Leeds Building Society conveyancing panel to deal with the legals?
Leeds Building Society don't usually appoint a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society conveyancing panel.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a Totterdown lawyer on the Leeds Building Society panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Leeds Building Society mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Leeds Building Society mortgage from the register. Leeds Building Society, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who conducted the conveyancing in Totterdown 10 years ago have long since closed. Will I be able to sell the house?
Assuming the title is registered the information relating to your proprietorship will be held by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, locate your property and secure current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will in most cases hold a file duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
The estate agent has sent us the confirmation of our purchase of a new build flat in Totterdown. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Totterdown
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Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I'm refinancing my existing house to a BTL mortgage with The Royal Bank of Scotland and intend to use the remaining equity as a deposit on a second property. The location we are looking at is Totterdown. Will your conveyancers be able to act for the two lenders and tie in the conveyances?
Do use our comparison tool on this site to check that the solicitors are approved by both lenders. Having checked that they are the lawyer will be able to connect the two deals but you should have a chat with you lawyer and communicate your expectations and needs.
Me and my wife are expecting to complete buying a property in Totterdown but as a result of damage from the recent storms I have negotiated compensation from the owner of five thousand pounds by way of a deduction in the price. I had intended this to be addressed as part of the conveyancing process but the mortgage company will not agree to this. Why were they notified?
The solicitor being on a bank conveyancing panel is required to inform the lender of any amendments to the sale price. In the event that you were to refuse your conveyancing practitioner to report the reduction to your lender then they would have no choice but to disinstructing themselves from representing you and the mortgage company.