Do all mortgage companies provide you with an approved list of Cumbria conveyancing solicitors? How do you know who is on the Virgin Money conveyancing panel?
Cumbria conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
It has been four months following my purchase conveyancing in Cumbria concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 asset 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 done on a property in Cumbria ahead of instructing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks may refuse to issue a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can look into this further 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 Cumbria. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been pointed in your direction by numerous selling agents in Cumbria to select a solicitor using your seach tool. Is there a financial upside for Estate Agents to market your site ahead of a competitor’s?
We don’t offer any commission for sending work in our direction. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are FTB’s - agreed a price, but the property agent has warned us that the seller will only proceed if we use the agent's preferred solicitors as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor used to conveyancing in Cumbria
It is unlikely the sellers are behind this. Should the seller want ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your preferred Cumbria conveyancing firm - rather thanthe ones that will give the negotiator at the agency a introducer fee or meet his conveyancing thresholds demanded by HQ.
Online reading suggests that Cumbria solicitors are more expensive than licensed conveyancers in Cumbria when it comes to purchasing a property. So is it better if I use a conveyancer or a solicitor if I am purchasing for my home move in Cumbria.
When it comes to conveyancing in Cumbria the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.