My best friend’s brother is a solicitor. I hope that I can be offered mate’s pricing for conveyancing, However if that does not come through, what level of figure would I typically be looking at for conveyancing in Filton?
You should contrast pricing. Make use of our comparison tool on this site. You will notice that charges seem to vary but service levels do are distinct between conveyancers as is true with most professions.
We have rather assertive vendors who has suggested a exclusivity contract with a non-refundable deposit of 5k. Are such agreements sensible?
There are two primary drawbacks with entering into any lock out contract (sometimes termed an exclusivity agreement) is that it can distract from progressing with the conveyancing work, so unless it requires limited or no negotiation then it may transpire to be a cause of frustration and delay. It is not particularly popular amongst Filton conveyancing solicitors as a result. A further issue is the extent of the remedies available - an aggrieved buyer is extremely unlikely to secure an injunction to bar the seller selling to an alternative purchaser, so the only remedy available under the contract will be the recovery of wasted costs and, in limited circumstances, the additional payment of damages.
I am selling my flat in Filton. Does my solicitor have to be required to be on the Co-operative conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Co-operative conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Is it the case that all Filton conveyancing solicitors on the Clydesdale conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Clydesdale approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do list licenced conveyancers on their panel and in that case the firms would be overseen by the CLC.
We have agreed to purchase a house in Filton. A rare aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Nationwide your lawyer must follow the formal instructions set out in Part two of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and solicitors are required to report to Nationwide where a lease does not meet these requirements. The conditions relate to the installation of panels on properties countrywide and is not restricted to Filton.
The formalities of my purchase has taken place for my property in Filton. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Should I be suspicious about third parties that I am dealing with are suggesting a factory type conveyancing firm as opposed to a High Street Filton conveyancing practice?
As is the case with many service providers, often recommendations from family and friends can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing matter; estate agents, financial adviser and banks might all recommend solicitors to appoint. Sometimes these lawyers might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You have the right to choose your own lawyer. You need to be aware that most lenders operate an approved list of law firms you must use for the mortgage related work in your home move.
My fiance is purchasing a shared ownership flat in Filton. He was given a quote by the conveyancing practitioner recommended by the estate agents and it came to £1156 . It was 9 years ago since I sold and bought a home and it cost was £500. Have fees really escalated to that extent?
We would recommend that you e-mail two or three local Filton conveyancing firms seeking prices. It is advisable to base your decision not solely on cost, but on promptness and on how comprehensive the response was.