I have just started taking steps with the aim of changing my domestic loan to a Buy to Let Bank of Scotland mortgage. I have been informed by my broker that I require a lawyer for this. I spoke to my past Longford conveyancing practitioner who acted on my behalf when I previously purchased the premises. The fee calculation e-mailed to me of just over five hundred pounds has surprised me as its a remortgage than a sale or purchase.
The estimate fees seem a little high. If you shop around you might shave off some of the cost by say a hundred pounds. That being said, if you were happy with the assistance the firm gave you mightlive to regret opting for an an unknown lawyer. If is important to be sure the conveyancer can also act for Bank of Scotland. You can utilise our search tool to locate a Longford conveyancing firm on the Bank of Scotland member panel, which can often include conveyancing solicitors in Longford.
The vendors of the house we are hoping to buy have appointed a conveyancing firm in Longford who has suggested a exclusivity contract with a non-refundable deposit of 5k. Are such agreements sensible?
There are a couple of main concerns with signing a lock out contract (occasionally termed a shut-out contract) is that it diverts attention away from progressing with the conveyancing transaction itself, so unless it requires minimal or no negotiation then it could turn out to be unhelpful. It is not promoted amongst Longford conveyancing practitioners for this reason. The other main issue is the extent of the remedies available - a jilted purchaser is extremely unlikely to be issued with an injunctive ruling by a court to stop the owner completing the sale to another buyer, so the only remedy available under the agreement will be the reimbursement of wasted charges and, in limited situations, the additional payment of damages.
My home in Longford is up for sale and I have a buyer. Does the conveyancer have to be required to be on the UBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the UBS 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 conditions fairly frequently at the moment.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Longford?
Two types of professional can conduct conveyancing in Longford namely CLC regulated conveyancers or solicitors. Both professionals provide the legal services that required to complete the sale or acquisition of property. They are both required to execute Longford conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be properly administered and that the requisite steps will be suitably attended to.
I just acquired a house at auction in Longford. Conveyancing is needed. What is next?
Given that you have now exchanged you should appoint a conveyancing solicitor as a matter of priority as you are facing a pending deadline in which to complete the conveyancing. Every auction property should have a corresponding legal pack. This should include most,if not all of the documents that your solicitor will need. If you have purchased leasehold premises the legal papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that that you have the requisite funding in order to complete on the on the contractual date .
After months of negotiation I have agreed a price on an apartment in Longford. My financial adviser suggested a conveyancer. I paid an upfront payment of £150. A few days later, the conveyancing practitioner called me sheepishly admitting that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I used Wolstenholmes several years ago for my conveyancing in Longford. Now, I need my documents 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 Longford 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.
In my capacity as executor for the estate of my father I am selling a property in Swansea but live in Longford. My conveyancer (who is 300 miles from meneeds me to execute a stat dec prior to the transaction finalising. Can you recommend a conveyancing lawyer in Longford who can attest this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are based in Longford