The solicitor who helped my last purchase has given a fee estimate £1700 for fixed fee conveyancing in Dinas Powys. I am looking to sell a Victorian house for £125,000. Is this overpriced? Is it in excess of the norm for conveyancing in Dinas Powys?
The charges are a tad high. If you shop around you could trim some of the cost by as much as £125. On the other hand, you couldlive to rue choosing an an untested solicitor. Don't forget to enquire the firm can act for your lender. Do use our comparison tool to find a Dinas Powys conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Dinas Powys.
Our solicitor has identified a defect with the lease for the apartment we are buying in Dinas Powys. The seller’s lawyers have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancer has advised that he must check that the mortgage company is content with this solution. Are we the client or is the mortgage company ?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. The appropriate lender conditions must be adhered to.
I recently had an offer agreed on a house in Dinas Powys. My mortgage broker pressured me to appoint their property lawyer. I paid an advanced payment of £150. Shortly after, the solicitor contacted me to say that they were not on the Coventry BS 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 Coventry BS 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.
I am selling my house. I had a double glazing fitted in February 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Barclays are being difficult. The Dinas Powys solicitor who is on the Barclays conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Barclays are insisting on a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?
It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays 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.
Intending to buy a house in Dinas Powys. 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 Clydesdale 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 Dinas Powys conveyancer is on the Clydesdale conveyancing panel.
Do I need to be wary by third parties that I am dealing with are suggesting a nationwide conveyancing firm as opposed to a local Dinas Powys conveyancing practice?
As is the case with many service providers, often input from family and friends can be most helpful. Yet there are many players in a conveyancing deal; estate agents, mortgage brokers and lenders might all suggest conveyancers to choose. Sometimes these solicitors might be known to one of the organisations as being good in their field, but sometimes there may be a financial incentive behind the endorsement. You have the right to appoint your preferred lawyer. You need to be aware that the majority of lenders specify a panel list of solicitors you have to use for the mortgage aspect of your home move.
A conveyancing firm dealt with my conveyancing in Dinas Powys half a dozen years ago having retained my title documents but has since been shut down – What steps do I now take to retreive them?
Title deeds, as such, no longer exist as most homes in Dinas Powys are recorded digitally at Land Registry. If you need to show evidence of proprietorship or are selling or refinancing your conveyancing practitioner will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.