My husband and I are looking to acquire a house in Raglan and have appointed a Raglan conveyancing firm. Within the past 48 hours our property lawyer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Skipton Building Society have this afternoon contacted us to advise us that there is now an issue as our Raglan lawyer is not on their approved list of lawyers. Is this a problem?
Where you are buying a property needing a mortgage it is usual for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the lender’s conveyancing panel as you are at liberty to use your preferred Raglan lawyers, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.
I require conveyancing for an apartment in a relatively new development (five years old) in Raglan. 95% of the properties have already been disposed of. Do I need carry out the conveyancing searches for my conveyancing in Raglan?
Where you are obtaining a mortgage, your lender will insist on some (many) of the searches so you'll have no choice. If not, then Raglan conveyancing searches are optional. No doubt your conveyancer, will 'advise', perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to find a new lawyer for your conveyancing in Raglan.
I used Arc property Solicitors several years ago for my conveyancing in Raglan. I now require my papers but cannot find the solicitor. What do I do?
You should contact 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 Raglan of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a leasehold apartment up to £235,500 and found one close by in Raglan I like with amenity areas and railway links in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Raglan suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
My father-in-law has urged me to use his lawyers for conveyancing in Raglan. Do I take his guidance?
Much as we are happy to recommend a Raglan conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to have guidance from friends or relatives who have used the solicitor that you are are thinking of instructing.
A loan offer from a mortgage company for the refinancing of my 4 bedroom flat is expected imminently. Are you able to recommend an efficient remortgage conveyancing practitioner in Raglan ?
You have come to the wrong place to search for a cheap conveyancing solicitors in Raglan. Our aim is to provide cost effective conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by brokers offering £99 conveyancing in Raglan.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for additional fee and still not get the service expected.