My previous solicitor has sent a quote for £1150 for freehold conveyancing in Okehampton. I’m looking to sell a Georgian detached home for £275,000. Is this over the top? Is it above the norm for conveyancing in Okehampton?
The costs illustration is fractionally on the high side. If you shop around you could trim some of the cost by perhaps £100 plus VAT. On the other hand, you couldlive to regret opting for an an untested conveyancer. If is important to be sure the solicitor can also act for your lender. You can use our search tool to get a quote a Okehampton conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Okehampton.
We're in Okehampton, FTBs buying with a mortgage (lender is Nottingham , and our lawyer is on the Nottingham conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I happen to be the single beneficiary of my late mum's estate and I have everything in my name now, including the house in Okehampton. The Okehampton property was put into my name in August. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership will be considered the same way as though I had purchased the property in August. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. Most mortgage companies would take a sensible view as this requirement is chiefly there to pick up on the purchase and immediately sell or the wholesaling and assigning of property.
We expect to receive a OIP from Santander this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Okehampton solicitors on the Santander conveyancing panel, or is it better to go independently?
You will need to appoint Okehampton solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
I am currently in the process of buying my council flat in Okehampton. I have a mortgage offer with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when buying a house in Okehampton?
Unless a prior purchase of the premises completed after 12 October 2013 you can take it that lawyers carrying out conveyancing in Okehampton to remain recommending a chancel search and or chancel repair liability insurance.
I have recentlydiscovered that Stirling Law have closed. They carried out my conveyancing in Okehampton for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Okehampton conveyancing specialists.
Taking into account that I am about to spend over three hundred thousand on a terraced house in Okehampton I would like to talk to a conveyancer regarding thetransaction prior to giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor who will be carrying out your conveyancing in Okehampton.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Okehampton should be the amount on the final invoice that you are charged.