I was recommended to a solicitor who has quoted just over a thousand pound for fixed fee conveyancing in Dereham. I am hoping to downsize from a purpose built property for £125,000. Is this expensive? Is it above what I should be paying for conveyancing in Dereham?
The quote is fractionally on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you maylive to rue opting for an a cheaper conveyancer. Remember to enquire that the conveyancer can also act for your mortgage company. Do employ our comparison tool to find a Dereham conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Dereham.
It is is a decade since I bought my property in Dereham. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down my title deeds. Will this cause complications?
You need not be too concerned. First the deeds may be with the mortgage company or they may be in the possession of the solicitor who handled your purchase. Secondly the likelihood is that the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining up to date copy of the land registers. Nearly all conveyancing in Dereham involves registered property but in the rare situation where your home is unregistered it is more of a problem but is resolvable.
Do the Building Society Association intend to launch a searchable register to to identify practices on the Coventry BS conveyancing panel for instance in Dereham?
We would not expect to be advised of any plans on the part of the BSA to develop such a register.
Is there a list of Santander panel conveyancers in Dereham on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings visible online. Where you are in need of a Dereham conveyancer on the Santander please make the most of our facility.
We previously chose conveyancing lawyers locally in Dereham on the UBS solicitor panel. They have just billed me an additional charge for handling the UBS mortgage. Is this a supplemental conveyancing fee specified by UBS?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your conveyancer is entitled to levy a fee for this. The charge is not set by UBS but by your Dereham property lawyer. Numerous firms on the UBS panel will charge an ‘acting for lender’ fee and others do not.
Virgin Money have agreed my mortgage in principle, my bid on a property in Dereham has been accepted, now what?
Your property agent will want to know who your solicitors are (ensure that the property lawyers are on the lender’s approved list). Contact Virgin Money or the broker and finish off any relevant paperwork. Virgin Money will sellect a valuer who will get in touch with the estate agent or vendor to book a slot for the valuation to happen. Once carried out (assuming no problems) it takes about a week to get a mortgage offer. Virgin Money will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Dereham.
I used Wolstenholmes a few years past for my conveyancing in Dereham. Now, I need the files however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Dereham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a flat up to £195,000 and identified one close by in Dereham I like with amenity areas and station nearby, however it's only got 49 years unexpired on the lease. I can't really find anything else in Dereham suitable, 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 the remaining unexpired lease term will be a potential deal breaker. Reduce 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 a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.