I am in need of a conveyancer. Do I opt for a nationwide conveyancer or a local Falconwood conveyancing lawyer?
Falconwood is a unique place, where regional insight helps. The relaxed pace of life is great – just not for your conveyancing. The property lawyers that we list display in-depth Falconwood know how with a proactive, can doapproach that helps the conveyancing to progress without drama. It is a definite plus if they benefit from long term connections with financial advisers, search providers, valuers and counterpart Falconwood conveyancing practitioners
My husband and I are buying a purpose built flat in Falconwood with a mortgage from Godiva Mortgages Ltd.We like our Falconwood conveyancing solicitor but Godiva Mortgages Ltd advised that her practice is not listed on their approved list of member firms. It seems we have little choice but to instruct a Godiva Mortgages Ltd panel solicitor or keep our high street solicitor and fork out for a Godiva Mortgages Ltd panel lawyer to represent them. We feel as though this is unjust; Can we not simply insist that Godiva Mortgages Ltd use our lawyer?
Unfortunately,no. The home loan offered to you is subject to its terms and conditions, one of which will be that lawyers will be on the Godiva Mortgages Ltd approved list. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
How can we tell if a Falconwood conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Falconwood seeking recommendations is a sensible 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 recommend that you speak with the solicitor carrying out your conveyancing.
My offer was accepted on a house in Falconwood on 4/12/2020, valuation was booked 4 days after, received a clean bill of health. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to Barclays and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Barclays conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have finally had an offer on an apartment in Falconwood accepted, the vendors do nevertheless have a tied purchase. The owners have offered on somewhere, but it’s not yet tied up, and have viewings of other properties booked. I have instructed a high street conveyancing solicitor in Falconwood. What should be my next step? At what point should I apply for the mortgage with Aldermore?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Falconwood conveyancing search fees, etc). The first thing to do is ensure that your lawyer is on the Aldermore conveyancing panel. Regarding the next stages this very much dictated by the specifics of your transaction, motivation for this property and on the state of the market. In a buoyant market some purchasers would apply for the mortgage with Aldermore and arrange for the valuation and only if it was satisfactory would they pay their conveyancer to proceed with searches.
It has been 2 months since my purchase conveyancing in Falconwood took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 premises 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.
I need to instruct a conveyancing solicitor in Falconwood for my sale. Can I see a solicitor's record with the profession’s regulator?
One can search for published Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.
When it comes to my conveyancing in Falconwood should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Falconwood conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.