Our family solicitor has quoted £995 for no sale no fee conveyancing in Loddon. I am selling a Georgian property for £125,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Loddon?
The costs illustration is fractionally on the expensive side. If you are prepared to invest time contrasting prices you might trim some of the expense by perhaps a hundred pounds. On the other hand, you maycome to rue opting for an an untested conveyancer. Don't forget to check that the conveyancer can also act for your bank. Do employ our comparison tool to find a Loddon conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Loddon.
I am considering applying for a Lloyds mortgage for purchase of a new build (under development) in Loddon with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Lloyds ?
There is nothing to stop you using your solicitor, but Lloyds will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Is it the case that all Loddon solicitors on the Virgin Money conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the Virgin Money approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. The majority of lenders do permit licenced conveyancers on their panel and in such a situation the practice would be governed by the CLC.
My husband and I are in the throws of viewing flats in Loddon and I am about to put in an offer. Should I already have a property lawyer appointed at this point? I will be getting a mortgage with Virgin Money.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
UBS have agreed my mortgage in principle, my offer on a house in Loddon has been agreed to, what are the next steps?
Your property agent will wish to know who your solicitors are (be sure the property lawyers are on the lender’s approved list). Telephone UBS or your broker and finish off any outstanding forms. UBS will instruct a valuer who will get in contact with the estate agent or seller to schedule a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. UBS will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Loddon.
Due to the input of my in-laws I had a survey completed on a property in Loddon ahead of retaining solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks may refuse to give a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Loddon. Conveyancing will be smoother if you use a solicitor in Loddon especially if they regularly deal with such properties in Loddon.
I am looking to sell my house. My former conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Loddon if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Loddon. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I need to instruct a conveyancing solicitor for my conveyancing in Loddon. I happened to discover a site which appears to be the ideal solution If there is a chance to get all the legals completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?