Unfortunately I am unable to travel far from Calstock. What is the rationale as to why all Calstock solicitors are not on all lender panels?
Pre- 2008 most banks displayed an attitude to risk which differs from the current day. The financial regulator in 2010 instigated a thematic review into property fraud which in summary warned lenders: know the solicitors on your panel. Accordingly, mortgage companies have subsequently soughtmore information from law firms concerning their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Many firms have found themselves removed from lender panels even though they had 100% healthy disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to satisfy the criteria of volume of transactions the mortgage companies required.
Can your site be used to find a Conveyancing solicitor in Calstock even where I’m not buying or selling a house, for example where I want to acquire a shop in Calstock with a mortgage from Platform Home Loans Ltd?
The service is primarily utilised to get a quote from residential conveyancing solicitors in Calstock but we have recorded towards the bottom of this page a selection of Calstock commercial conveyancing firms. You should speak with the solicitors directly to establish if they are also authorised to represent Platform Home Loans Ltd
It has been five months since my purchase conveyancing in Calstock completed. I have checked the Land Registry site which shows that I paid £175,000 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 property 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.
We're novice buyers - had an offer accepted, but the property agent informed us that the seller will only issue a contract if we appoint their chosen solicitors as they want an ‘expedited deal’. We would rather use a family conveyancer who is familiar with conveyancing in Calstock
We suspect that the seller is not behind this requirement. Should the seller desire ‘a quick sale', turning down a serious buyer is not the way to achieve this. Contact the vendors directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you will continue to use your own,trusted Calstock conveyancing lawyers - as opposed tothose that will earn the negotiator at the agency a introducer fee or hit his conveyancing targets set by senior management.
I am hoping to sign contracts shortly on a studio apartment in Calstock. Conveyancing solicitors assured me that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Calstock should include some of the following:
Are you allowed to have a pet in the flat? Whether your lease caters for for a reserve fund for major repairs? You should have a good understanding of the building insurance obligations Alterations to the flat Does the lease require carpeting throughout thus preventing wood flooring?
I bought a leasehold flat in Calstock, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Calstock with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease terminates on 21st October 2081
With only 60 years unexpired the likely cost is going to range between £20,000 and £23,000 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.
I have been searching for Calstock competitive conveyancing fees. Can I be assured that all the Calstock firms that are identified on your directory are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Calstock conveyancing solicitor being on the mortgage company conveyancing panel is not accurate.