My best friend’s sister is a solicitor. I expect that I will receive friends and family pricing for conveyancing, However if that does not come materialise, what kind of costs would I typically be looking at for conveyancing in Redruth?
It’s advisable to request multiple conveyancing estimates. Do use our comparison tool on this page. The quotes do be different but the service one can expect are distinct between conveyancers as is true with the vast majority of professional services.
My Solicitor in Redruth is not listed on the Nationwide Building Society Solicitor Panel. Is it possible for me to use my family solicitor even though they are excluded from the Nationwide Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your existing Redruth solicitors but Nationwide Building Society will need to instruct a conveyancer on their panel. This will result in additional total legal fees and cause delays.
- Get a new practitioner to act in the conveyancing, remembering to check they are Convince your conveyancer to use their best endeavours to join the Nationwide Building Society conveyancing panel
What is your number one tip for choosing a conveyancing solicitor in Redruth
It would be unwise to be tempted by the cheapest Redruth conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I have today made my last payment due on my mortgage with HSBC. I assume I don't need a Redruth conveyancing practitioner on the HSBC panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
I currently have a mortgage with Barclays for my property in Redruth. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Barclays?
Your original mortgage agreement with Barclays will provide that you need their approval before letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel firm.
My wife and I are downsizing from our home in Redruth and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used a nationwide conveyancing practice rather than a conveyancing solicitor in Redruth. We have lived in Redruth for many years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You must 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 health insurance to cover that same sickness)
I used Action Conveyancing several years ago for my conveyancing in Redruth. I now require my papers however the law firm has closed. 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 Redruth 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.
I dont have enough spare cash to pay a 10% deposit on my apartment purchase in Redruth , but I am anxious proceed. What can I do?
You can accept a smaller deposit. Most vendors will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second