We are planning to acquire a property and require a conveyancing solicitor in Bovey Tracey who is on the Virgin Money solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Bovey Tracey.
What is the difference between a licensed conveyancer and conveyancing solicitor in Bovey Tracey
Two types of professional can perform conveyancing in Bovey Tracey namely licenced conveyancers or solicitors. The two can handle the legal services that you need to complete the disposal or purchase of property. Both are required to perform Bovey Tracey conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly conducted and that all requirements and steps should be appropriately attended to.
After much negotiation I have agreed a price on an apartment in Bovey Tracey. My financial adviser suggested a conveyancer. I paid an upfront payment of £150. Shortly after, the conveyancer called me sheepishly admitting that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Santander have agreed my home loan in principle, my bid on a house in Bovey Tracey has been agreed to, what are the next steps?
Your estate agent will want to know who your solicitors are (be sure the solicitors are on the bank’s approved list). Call up Santander or the broker and finalise any appropriate documentation. Santander will instruct a valuer who will get in touch with the estate agent or vendor to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately a week to receive the mortgage offer. Santander will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Bovey Tracey.
I am buying a new build house in Bovey Tracey with the aid of help to buy. The developers would not reduce the price so I negotiated 6k of extras instead. The house builders rep suggested that I not inform my lawyer about the deal as it could adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking for a ground for flat up to £235,500 and found one close by in Bovey Tracey I like with a park and railway links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Bovey Tracey suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the shortness of the lease will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
My father has suggested that I use his lawyers for conveyancing in Bovey Tracey. Do I take his guidance?
There are no two ways about it it’s preferable to select a conveyancing solicitor is to seek referrals from friends or relatives who have previously instructed the conveyancer you're contemplating using.
Do online conveyancing organisations undertake everything a local Bovey Tracey solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Bovey Tracey?
Where you instruct an online conveyancer they should cover all the tasks your Bovey Tracey conveyancer would cover.