AssumingI were to acquire a freehold propertyin Weston super Mare mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Weston super Mare?
Any savings you would make would be limited to the costs for searches. A property lawyer is required to do the vast majority of work - money laundering, correspond with the sellers solicitor, stamp duty return, register the property etc. You might save a bit for them not needing to register a charge but it will not be significant.
The Weston super Mare conveyancing solicitors that I recently instructed on my house acquisition in Weston super Mare have suddenly closed. I chose them because I had to have a lawyer on the HSBC conveyancing panel and my previous Weston super Mare lawyer was not. I wrote them a cheque for £250 in advance. What are my options?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the HSBC conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
I need some fast conveyancing in Weston super Mare as I am faced with a deadline to sign on the dotted line within 4 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a mortgage free purchaser you are at liberty not to do searches although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Weston super Mare the following are examples of issues that can show up and adversely impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
3 months have elapsed following my purchase conveyancing in Weston super Mare concluded. I have checked the Land Registry site 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 premises 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.
I decided to have a survey carried out on a property in Weston super Mare prior to appointing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor advised that some lenders tend not give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Weston super Mare. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are first time buyers - agreed a price, yet the estate agent told us that the seller will only proceed if we instruct the agent's preferred lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Weston super Mare
We suspect that the seller is not behind this requirement. Should the seller desire ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Contact the vendors directly and explain that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Weston super Mare conveyancing lawyers - not the ones that will earn the negotiator at the agency a commission or achieve conveyancing figures pre-set by head office.