The solicitor who dealt with my former purchase has sent a quote for £1150 for freehold conveyancing in Trafford. I am looking to sell a Georgian house for £150,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in Trafford?
The charges are a little high. If you are happy to expend time contrasting prices you may be able to trim some of the expense by as much as £125. On the other hand, you couldlive to rue choosing an an untested solicitor. Don't forget to be sure that the conveyancer can also act for your lender. Do use our search tool to locate a Trafford conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Trafford.
I have given 8 weeks notice to my current landlord and have to be out of my let out flat in Trafford by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 4 weeks as don't want to have to move into temporary accommodation?
It is unwise to serve notice on a rental until your lawyer suggests that you should. Assuming that you have not previously done so, update to your conveyancer and request that they apply pressure on the other lawyers, try to get a realistic time scale from them that everyone will aim to achieve
What does my ID and proof of funds have anything to do with my conveyancing in Trafford? What am I being asked for?
To satisfy the Money Laundering Regulations any Trafford conveyancing firm will require proof of identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, conveyancers are required to check not simply the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may result in your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to notify the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
We're in Trafford, First time buyers purchasing with a mortgage (lender is Nottingham , and our solicitor is on the Nottingham conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have paid off my mortgage with Principality. I assume I don't need a Trafford conveyancer on the Principality panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality 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 Principality mortgage from the register. Principality, 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 Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
I am due to exchange contracts on my apartment. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, TSB are being a right pain. The Trafford solicitor who is on the TSB conveyancing panel is recommending indemnity insurance as a solution but TSB are requiring a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
About to purchase house in Trafford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Trafford solicitor is on the Co-operative conveyancing panel.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Trafford. I have stumble across a web site which appears to be the ideal answer If it is possible to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?