I am in the throes of transferring my domestic home loan to a Buy to Let Britannia mortgage. I was told by my mortgage that I need a solicitor for this. I spoke to my former Abercynon conveyancing practitioner who acted on my behalf when I previously purchased the property. The quote they've given of £450 plus VAT has surprised me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate fees are a little high. If you you were to look around you might reduce the fees slightly by as much as a hundred pounds. On the other hand, if you were satisfied with the legal work the firm offered you couldlive to regret opting for an an unknown conveyancer. Don't forget to enquire the conveyancer can represent Britannia. You can utilise our search tool to choose a Abercynon conveyancing firm on the Britannia member panel, which can often include conveyancing solicitors in Abercynon.
Do the conveyancing solicitors that you recommend handle right to buy conveyancing in Abercynon?
We work with a variety of conveyancing experts who can handle right to buy transactions Please e-mail the lawyers listed in order to get a costs illustration.
What does my ID and proof of funds have anything to do with my conveyancing in Abercynon? Is this really necessary?
Abercynon conveyancing solicitors as well as nationwide property practitioners throughout the UK have an obligation under money laundering regulations to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (typically a Utility Bill less than 3 months old).
Confirmation of source of funds is also necessary under the money laundering statutes as lawyers are obliged to investigate that the funds you are utilising to acquire a property (be it the exchange deposit or the full purchase monies if you are a cash purchaser) has originated from a reputable source (such as employment savings) and is not the product of criminal behaviour.
We're in Abercynon, FTBs buying with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We had selected conveyancing lawyers locally in Abercynon on the Nottingham solicitor approved list. They have just billed me a further fee for handling the Nottingham mortgage. Is this a supplemental conveyancing fee set by Nottingham?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your solicitor is entitled to levy a fee for this. This fee is not set by Nottingham but by your Abercynon solicitor. Plenty of firms on the Nottingham panel will quote an ‘acting for lender’ fee and others do not.
Can I be sure that the Abercynon conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Abercynon obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer conducting your transaction.
I am purchasing a property in Abercynon. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
As you are obtaining a mortgage with Yorkshire BS your lawyer must follow the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Yorkshire BS where a lease fails to satisfy these provisions. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to Abercynon.
I have been sourcing a conveyancing practitioner in Abercynon for my sale. Is it possible to see a solicitor's record with the profession’s regulator?
You can see published Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training reasons.