It may have been a long time coming a mortgage offer from Nationwide for the remortgage of my 4 bedroom flat is to be issued by the end of next week. Are you able to propose a low cost conveyancing solicitor in Corby?
You are on the wrong site if you are seeking the cheapest conveyancing solicitors in Corby. We can offer you value for money conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint companies offering the bait of low cost conveyancing in Corby. At best, in being led by low cost conveyancing, you will receive what you pay for and at worst you will end up with a surprising uplift in additional fees and still not get the service you were looking for.
When can the exchange of contracts occur in purchase conveyancing in Corby and do I need to attend the solicitors office?
If you are local to one of the conveyancing solicitors in Corby you are invited in to sign documents. However, the lender approved solicitors we work with supply a nationwide conveyancing service and give as equally comprehensive and professional a job for you when communicating with you digitally. The signing of the property agreement is not the critical part. Signing on the dotted line simply enables the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Corby)to be in the office at the appropriate time.
We previously selected solicitors located in Corby on the Coventry BS solicitor approved list. They are now charging me an additional charge for dealing with the Coventry BS mortgage. Is this a supplemental conveyancing fee set by Coventry BS?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner may levy a fee for this. The fee is not set by Coventry BS but by your Corby solicitor. Numerous firms on the Coventry BS panel will charge an ‘acting for lender’ fee and others do not.
Can I be sure that the Corby conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Corby seeking recommendations is a good 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 suggest that you speak with the lawyer handling your transaction.
We expect to receive a OIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Corby solicitors on the Virgin Money conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Corby solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
A colleague suggested that where I am purchasing in Corby I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Corby conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Corby around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Corby.
I have been on the look out for a flat up to £235,500 and identified one close by in Corby I like with a park and transport links nearby, however it only has 49 remaining years left on the lease. There is not much else in Corby in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I have chosen a Corby conveyancing solicitor for our home move (FTB’s) and have noticed in the engagement letter that they are not governed by the Financial Conduct Authority. Need I be worried or is that the norm with conveyancer?
We can't see why they should be. Most solicitor don't lend money. They should be regulated by the Solicitors Regulation Authority, who dictate strict rules covering funds sitting by them.