I am in the throes of changing my existing standard home loan to a Buy to Let Yorkshire Building Society mortgage. I was told by my financial advisor that I must appoint a conveyancer for this. I got in contact with my past Prestatyn conveyancing solicitor who dealt with the legals when I originally acquired the premises. The quote they've given of £575 plus disbursements has taken me by surprise as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate fees seem a bit high. Where you are happy to invest time comparing quotes you might reduce the fees marginally by say a hundred pounds. On the other hand, assuming were pleased with the legal work the firm offered you mightcome to regret choosing an a cheaper solicitor. Remember to enquire the firm can also act for Yorkshire Building Society. You can utilise our search tool to select a Prestatyn conveyancing firm on the Yorkshire Building Society conveyancing panel, which can often include conveyancing solicitors in Prestatyn.
My fiance and I intend to remortgage our maisonette in Prestatyn with Virgin Money. We have a son 18 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this form unique to the Virgin Money conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) Does our son by signing this extinguish his rights to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Virgin Money. This is solely used to protect Virgin Money if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Virgin Money had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Can your site be used to locate a Conveyancing solicitor in Prestatyn even where I’m not purchasing or disposing of a house, for example if I wish to acquire an office in Prestatyn with a mortgage from Britannia?
Our comparison service is mainly used to get a quote from domestic conveyancing solicitors in Prestatyn but we have recorded towards the end of this page some Prestatyn commercial conveyancing firms. You will need to enquire with the solicitors directly to see if they can also act for Britannia
My flat in Prestatyn is up for sale and I have a purchaser. Will the property lawyer need to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham 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.
I am a sole trader intending to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Prestatyn for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Prestatyn, including the disposal and purchase of businesses as well as simply premises. If you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. Regarding the fees this will depend on the structure and terms of the proposed transaction. Let us have your details or telephone so as to enable us to provide you with a fixed commercial conveyancing quote.
My husband and I are novice buyers - had an offer accepted, yet the estate agent told us that the seller will only proceed if we instruct the agent's chosen solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor used to conveyancing in Prestatyn
It is unlikely the vendors are driving this. If they desire ‘a quick sale', turning down a serious buyer is going to damage their objectives. Bypass the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you will continue to appoint your preferred Prestatyn conveyancing lawyers - not the ones that will give the estate agent a introducer fee or meet his conveyancing targets demanded by corporate headquarters.