Can I use your services to find a Conveyancing solicitor in South Molton even if I’m not buying or selling a house, for instance if I want to buy an office in South Molton with a loan from Virgin Money?
Our search tool is primarily there to help choose domestic conveyancing solicitors in South Molton but we have listed towards the bottom of this page a selection of South Molton commercial conveyancing firms. You will need to enquire with the company directly to see if they can also act for Virgin Money
I have a decision in principle. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to use a high street conveyancing solicitor in South Molton?
You should check but the the likelihood is that appoint one of their panel solicitors where you accept the "fee-free" incentive. Call the mortgage company and explore if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near South Molton.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in South Molton?
There are many recorded licenced Conveyancers in South Molton and Solicitor partnerships in South Molton offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal work in the home buying process. Both can conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I just acquired a property at auction in South Molton. Conveyancing is required. What is next?
Given that you are now exchanged you now have to find a conveyancing practitioner as a matter of urgency as you will have a fast approaching a fixed date to complete the conveyancing. Every auction property will have an associated auction pack. This should include evidence of title and search results. If you have purchased leasehold property the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to a leasehold property. You need to give this to the conveyancer working for you as soon as possible. Do make sure that you have funds organised to complete on the on the contractual date .
We had appointed solicitors based in South Molton on the Coventry BS solicitor panel. They have just billed me an additional charge for dealing with the Coventry BS mortgage. Is this a supplemental conveyancing fee specified by Coventry BS?
Provided it is contained in their Terms of Engagement or estimate then yes your property lawyer is entitled to levy a fee for this. The fee is not set by Coventry BS but by your South Molton lawyer. Plenty of firms on the Coventry BS panel will quote ’dealing with mortgage’ fee but plenty of firms incorporate it on their overall fee.
Various internet forums that I have come across warn that are the number one cause of delay in South Molton house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in South Molton.
I have justfound out that Stirling Law have been shut down. They carried out my conveyancing in South Molton for a purchase of a leasehold apartment 18 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The easiest method to check 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 South Molton conveyancing specialists.
I am purchasing my first flat in South Molton benefiting from help to buy. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about this side-deal as it may adversely affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.