Recently been in touch with my conveyancing solicitor in Bellingham who completed the legal work two years ago requesting a conveyancing estimate based on an identical type of home move (a leasehold premises and a freehold premises) of similar values with a home loan from Britannia. I am now being quoted twice the amount. Better the devil I know or do I seek out a cheaper online property lawyer?
The estimate does seem a tad steep. If you shop around you may be able to decrease the fees marginally by perhaps £125. On the other hand, assuming were satisfied with the legal work the firm gave you mightlive to regret opting for an a cheaper conveyancer. If is important to enquire the firm can also act for Britannia. You can use our search tool to find a Bellingham conveyancing firm on the Britannia approved list of lawyers, which can often include conveyancing solicitors in Bellingham.
My husband and I swapping mortgage lender for our apartment in Bellingham with Virgin Money. We have a son 18 who lives at home. Our solicitor requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of questions (1) Is this form unique to the Virgin Money conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Virgin Money conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Virgin Money. This is solely used to protect Virgin Money if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Virgin Money had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
What does my ID and proof of funds have anything to do with my conveyancing in Bellingham? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Bellingham. Nowadays you can not complete any conveyancing transaction in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper section as well as the photo card part, one is not acceptable without the other.
Proof of the source of money is mandated under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor must have this information on record. Your Bellingham conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask further queries concerning the origin of monies.
I used Arc property Solicitors several years ago for my conveyancing in Bellingham. Now, I need the documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bellingham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Taking into account that I will soon part with 450k on a property in Bellingham I would like to talk to a conveyancer concerning thehouse move before instructing the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor due to be carrying out your conveyancing in Bellingham.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter reference. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Bellingham should be the amount on the final invoice that you are charged.
I am using a search engine for the term cheap conveyancing in Bellingham it brings up many conveyancersin the vicinity. How do I determine which is the right conveyancer for me?
The ideal way of choosing the right conveyancer is via personal recommendation, so seek the guidance of friends and relatives who have purchased a property in Bellingham or a respected estate agent or mortgage broker. Costs for conveyancing in Bellingham vary, so it's sensible to secure at least four fee estimates from varying types of conveyancers. Dont forget to clarify that the fees are fixed.