Having been suggested to visit your organisation we were about to use a conveyancing solicitor in Sandown listed on your site but stumbled across alternative quotes on the internet look less pricey – how come?
One can find numerous websites advertising pretending to offer £99 conveyancing, but supplementalcharges result in the completion fee mounting up beyond all recognition. Conveyancers are obliged to make sure that fees outlined in terms of business should be transparent and reasonable invoiced The law firms that we put forward for conveyancing in Sandown clearly state all legal fees for a standard conveyancing transaction.
We see that you have a search directory listing law firms on the Coventry BS conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Sandown?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Sandown.
There are plenty of conveyancing solicitors in Sandown but how do I know who's good?
It would be unwise to be tempted by the cheapest Sandown conveyancing fees. You really do get what you pay 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 go into the conveyancing with your eyes wide open.
Can I be sure that the Sandown conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Sandown getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor carrying out your conveyancing.
I can not fathom if my bank requires a lease extension. I have telephoned my Sandown bank branch on a couple of occasions and was told it does not affect the mortgage offer and they will lend. My Sandown conveyancing solicitor - who is on the bank conveyancing panel- called to say that they refuse to lend in accordance with their specific requirements. I have no idea who is right.
Your lawyer must follow the CML Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have been told that property searches are the primary cause of delay in Sandown house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Sandown.
It has been 3 months following my purchase conveyancing in Sandown completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. 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 asset 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Sandown is where the house is located. What do you suggest?
Flying freeholds in Sandown are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandown you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandown may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.