I have just started taking steps with a view to transferring my domestic home loan to a BTL Yorkshire Building Society mortgage. I have been informed by my broker that I need a lawyer as part of the process. I spoke to my previous Cumbria conveyancing firm who who completed the conveyancing when I previously acquired the premises. The pricing estimate provided of £470 is surprising as its a refinance than a sale or purchase.
The estimate fees seem a tad high. If you you were to look around you may be able to reduce the fees slightly by say £125. On the other hand, assuming were content with the service the firm gave you maycome to regret choosing an an untested conveyancer. Don't forget to enquire the conveyancer can also act for Yorkshire Building Society. You can utilise our search tool to locate a Cumbria conveyancing firm on the Yorkshire Building Society conveyancing panel, which can often include conveyancing solicitors in Cumbria.
In the event thatI were to purchase a simple residential propertyin Cumbria for cash and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Cumbria?
The sole reduction in fees you would make on is the disbursement for searches. Your solicitor still got to do everything else - money laundering, liaising with your sellers lawyer, stamp duty return, register the ownership etc. You might save a bit for them not having to register a mortgage but it won't be meaningful.
The deeds to our property can not be found. The lawyers who did the conveyancing in Cumbria 5 years ago are no longer around. What are my options?
Gone are the days when you need to hold title deeds to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
I have been sourcing a conveyancing lawyer in Cumbria for my home move. Can I check a solicitor's complaints history with the legal regulator?
One may review documented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after Jan 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.
My partner and I hope to buy our first house in Cumbria. Conveyancing solicitor already selected. The mortgage adviser advised that a survey is not needed as the property is only 20 yrs old.
The bare minimum you need a Home Buyer's Report. As the property is over 10 years old the property will not benefit from a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may suffice. The report should highlight any apparent problems and recommend further investigation if relevant. If there are any signs of problems seek a comprehensive structural survey.