The solicitor who assisted with my previous purchase has sent a quote for just over a thousand pound for fixed fee conveyancing in Charterhouse. I’m looking to sell a modern property for £200,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Charterhouse?
The estimate does seem a tad overpriced. If you shop around you might get the conveyancing a bit cheaper by as much as £125. That being said, you mightcome to rue choosing an an untested conveyancer. Remember to enquire the solicitor can act for your bank. Do employ our comparison tool to get a quote a Charterhouse conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Charterhouse.
At what point does exchange of contracts happen for residential conveyancing in Charterhouse and do I need to attend the conveyancers branch?
Where you are near to one of the conveyancing solicitors in Charterhouse you are invited in to sign documents. That being said, the firms we recommend provide countrywide coverage for conveyancing and give just as diligent and professional a job for you when dealing with you electronically. The signing of the property agreement is not when everything is set in stone. Signing on the dotted line is necessary for the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Charterhouse)to be in the office at the appropriate time.
We're in Charterhouse, FTBs buying with a mortgage (lender is Lloyds , and our lawyer is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer 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 a mortgage with Clydesdale for my property in Charterhouse. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Clydesdale?
You must advise Clydesdale in advance of renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will permit you to let 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 Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel firm.
Completion of my purchase has taken place for my property in Charterhouse. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I recently had an offer accepted on an apartment in Charterhouse. My mortgage broker suggested a solicitor. I paid an advanced payment of £150. Shortly after, the solicitor called me to say that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Are there any apps to assist me to search for a Charterhouse law firm on the National Westminster Bank conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the conveyancer.
You can use the facility on this website. Please choose the lender and your location and you will see a number of Charterhouse conveyancing lawyers based on proximity. We have listed some Charterhouse conveyancing firms at the bottom of this page and you can ring them to verify if they are on the National Westminster Bank panel