Just been in touch with my conveyancing solicitor in Clayton who completed the legal work 18 months ago asking for a conveyancing quote based on the same type of house sale & purchase (a leasehold property and a freehold property) of almost identical values with a mortgage from TSB. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative property lawyer?
The estimate does seem a tad overpriced. Where you are happy to invest time scrutinising charges you could reduce the fees marginally by say £125. On the other hand, assuming were pleased with the assistance the firm provided you couldcome to regret opting for an an unknown lawyer. If is important to check the conveyancer can represent TSB. You can make use of our search tool to find a Clayton conveyancing firm on the TSB conveyancing panel, which can often include conveyancing solicitors in Clayton.
In what way does my ID and proof of funds have anything to do with my conveyancing in Clayton? Why is this being asked of me?
Clayton conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under money laundering regulations to check the ID of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).
Proof of the origin of monies is also necessary in accordance with the money laundering laws as conveyancers are obliged to check that the money you are utilising to buy a property (whether it be the deposit for exchange or the total purchase amount where you are buying mortgage free) has originated from legitimate source (such as employment savings) rather than the proceeds of illegitimate activity.
I just acquired a property at auction in Clayton. Conveyancing is needed. What happens now?
Having to all intents and purposes signed on the dotted line you now have to choose a conveyancing practitioner quickly as you now have a tight a drop dead date to complete the purchase. Every auction property will have a bespoke auction pack. This will include evidence of title and search results. Where you are dealing with leasehold premises the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete the transaction on the set completion date.
About to purchase flat in Clayton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Clayton lawyer is on the Nottingham conveyancing panel.
After shopping around on the internet I have found a Clayton solicitor having checked that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Clayton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Clayton is the location of the property. Is there any advice you can impart?
Flying freeholds in Clayton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Clayton you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Clayton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I'm refinancing my existing home to a BTL loan with Norwich and Peterborough Building Society and I will use the rest of the raised equity towards further house. The neighborhood we are looking at is Clayton. Will your solicitors be able to act for both sets of lenders and link together the two deals?
Do use our comparison tool on this page to be sure that the lawyers are on the appropriate lender panels. Having checked that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.
I am purchasing a house and need a conveyancing solicitor in Clayton who is on the mortgage company approved panel. Can you recommend a Clayton or local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Clayton. We dont recommend any particular firm.