Just contacted my conveyancing lawyer in Wellington who completed the legal work 18 months ago and wanted a conveyancing estimate based on an identical type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a mortgage from Bank of Ireland. I am now being quoted twice the amount. Stick with what I know or should I seek out an alternative property lawyer?
The estimate fees appear a tad high. If you are happy to spend time scrutinising costs you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, assuming were content with the assistance the firm offered you couldlive to regret opting for an an untested solicitor. If is important to be sure the solicitor can act for Bank of Ireland. Do use our search tool to choose a Wellington conveyancing firm on the Bank of Ireland approved list of lawyers, which can often include conveyancing solicitors in Wellington.
My husband and I are acquiring a new build apartment in Wellington and my conveyancer is informing me that she is duty bound to the lender to reveal incentives from the developer. I am nearing the developer’s deadline to exchange contracts and I would rather not delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is 10 years ago since I bought my house in Wellington. Conveyancing solicitors have recently been appointed on the sale but I am unable to locate my title documents. Will this cause complications?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by the lender or they could stored with the conveyancers who oversaw your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Wellington involves registered property but in the unlikely event that your home is unregistered it is more problematic but is resolvable.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a property in Wellington? or I am told that there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Wellington?
Unless a prior acquisition of the property took place post 12 October 2013 you could assume that lawyers carrying out conveyancing in Wellington to remain encouraging a chancel search and or insurance against a claim.
I'm remortgaging my primary house to a buy to let loan with Barclays Direct and I will use the rest of the raised equity towards further house. The area we are talking about is Wellington. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our comparison tool on this site to check that the conveyancers are approved by both lenders. Assuming that they are your lawyer should be able to connect the two transactions but you should have a chat with you lawyer and make apparent your desired outcome and needs.
As co-executor for the estate of my father I am selling a residence in Neath but reside in Wellington. My solicitor (based 235 kilometers awayhas requested that I execute a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Wellington to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are located in Wellington