My previous lawyer has sent a quote for £995 for leasehold conveyancing in Lydney. I am hoping to downsize from a newly refurbished property for £275,000. This sounds over the top. Is it above the average fee for conveyancing in Lydney?
The estimate does seem a tad overpriced. If you are happy to invest time comparing prices you may be able to shave off some of the expense by perhaps a hundred pounds. On the other hand, you maycome to regret opting for an an unknown solicitor. Remember to enquire the solicitor can represent your lender. Do employ our comparison tool to select a Lydney conveyancing practice on the banks member panel which can often include conveyancing solicitors in Lydney.
We are planning to acquire a house and need a conveyancing solicitor in Lydney who is on the Lloyds approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Lydney.
My husband and I are purchasing a 2 bedroom apartment in Lydney with a loan from Nottingham Building Society.We like our Lydney conveyancing practitioner but Nottingham Building Society says he's not on their "panel". It seems we are left with no choice but to instruct a Nottingham Building Society panel firm or keep our preferred solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan issued to you contains various provisions, one of which will be that lawyers will be on the Nottingham Building Society solicitor panel. 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 lawyer to apply to be on the conveyancing panel for Nottingham Building Society
What is the difference between a licensed conveyancer and conveyancing solicitor in Lydney
There are two types of lawyers who can perform conveyancing in Lydney namely CLC regulated conveyancers or solicitors. The two can administer conveyancing services that you need to complete the disposal or acquisition of property. They are both duty bound to handle Lydney conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be properly carried out and that the requisite steps should be accurately attended to.
I just bought a house at auction in Lydney. Conveyancing is required. What is next?
Now that you are exchanged you now have to instruct a conveyancing solicitor soon as you are faced with a fast approaching a drop dead date to complete the transaction. Every auction property will have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You need to hand this to your appointed conveyancing solicitor ASAP. Do make sure that you have funds in place to complete the transaction on the set completion date.
Is it the case that all Lydney solicitor firms on the Kent Reliance conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be governed by the SRA. The majority of banks do permit licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
I am downsizing from our home in Lydney and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Lydney. Having lived in Lydney for three years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
4 months have gone by following my purchase conveyancing in Lydney concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 property 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.