Why would one appoint a Corsham conveyancing firm when online conveyancers are cheap by comparison?
By all means make sure that you compare conveyancing costs in Corsham and you should seek an affordable estimate but don’t become consumed with sourcing the lowest priced Corsham conveyancer. Finding the right conveyancer can mark the distinction between a seamless and a frustrating home move. You need to ensure that you have expert advice from an experienced conveyancer. Emails can't be as helpful as a phone call and are no substitute for a one to one consultation. Our partner firms will appoint you a qualified and experienced conveyancing solicitor that will deal with your conveyancing from beginning to end, giving the sort of continuity that you are unlikely to received from an internet conveyancer. Our lawyers will contact you regularly to update you on progress making sure that you are never in the dark. Should you need to phone the firm you will know who to ask for and we'll endeavour to make sure that you are kept fully informed.
Are the Corsham conveyancing solicitors identified as being on the Bank of Ireland conveyancing panel, together with their details provided by Bank of Ireland?
Corsham conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
I'm the sole beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Corsham. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I understand that there is a CML 6 month 'rule', which means that my proprietorship may be treated the same way as though I had purchased the property in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. Most banks would take a sensible view as this requirement principally exists to capture the purchase and immediately sell or the flipping of property.
I had a mortgage agreed in principle with Leeds Building Society. Corsham conveyancing practitioners have been instructed. How long does it take for Leeds Building Society to issue the offer to the property lawyer?
There is no definitive answer here. Have Leeds Building Society completed the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a OIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Corsham solicitors on the Leeds Building Society conveyancing panel, or is it better to go independently?
You will need to appoint Corsham solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
I have been on the look out for a ground for flat up to £235,500 and identified one close by in Corsham I like with a park and station in the vicinity, however it only has 61 years unexpired on the lease. I can't really find anything else in Corsham for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
Am I better off to choose a Corsham conveyancing lawyer based in the location that I am purchasing? We have a good friend who can perform the conveyancing but they are based approximately 350miles away.
The benefit of a local Corsham conveyancing practice is that you can visit the firm to sign paperwork, hand in your ID and apply pressure on them where appropriate. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and in the main were impressed that must outweigh using an unfamiliar Corsham conveyancing lawyer just because they are local.
Why can I not complete my conveyancing in Corsham on Good Friday?
This is due to the fact that on completion the money will pass between the banks of the purchaser and seller's solicitor and currently this can only happen on a business day. It is not possible to complete on a saturday or sunday either.