We are buying a house in Wednesbury. I might seem paranoid but how we can trust a conveyancer? On completion day we have 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.
What is the difference between a licensed conveyancer and conveyancing solicitor in Wednesbury
There are two types of lawyers who can perform conveyancing in Wednesbury namely CLC regulated conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the disposal or purchase of property. Both are required to conduct Wednesbury conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that all requisite procedures will be appropriately taken.
I was told three weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Wednesbury is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some quick conveyancing in Wednesbury as I am faced with pressure to sign on the dotted line in less than 3 weeks. Thankfully I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not obtaining a home loan you have the choice not to do searches although no solicitor would advise that you don't. With lots of history conveyancing in Wednesbury the following are examples of issues that can arise and adversely affect market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I have recentlyfound out that Stirling Law have closed. They conducted my conveyancing in Wednesbury for a purchase of a leasehold apartment 10 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wednesbury conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Wednesbury prior to retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders may refuse to give a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Wednesbury. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the will of my grandfather I am selling a property in Swansea but I am based in Wednesbury. My conveyancer (based 200 kilometers from meneeds me to execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Wednesbury to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Wednesbury based
My husband and I are disposing of a Wednesbury apartment left to us 5 years ago in 2010. I have over twenty years conveyancing experience and, although retired, intend to carry out the conveyancing. The buyer's solicitor has informed me that their bank will not allow you to do your own conveyancing insisting the funds to be transferred to a solicitor's bank account.
Mortgage instructions to property lawyers from all CML members specify that If the vendor does not have legal representation the buyer’s lawyers should check whether the lender needs to be informed so that a decision can be made as to whether or not they are willing to progress.