Do the Building Society Association intend to launch a search tool with a view to to identify law firms on the Coventry BS conveyancing panel for example in Freshwater Bay?
We would not expect to be advised of any plans on the part of the BSA to develop such a tool.
My wife and I are purchasing a flat in Freshwater Bay. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to deposit money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my niece sell her house in Freshwater Bay. Does the conveyancing solicitor order the EPC or should I organise this?
Following the abolition of HIPs, EPC’s was left as a required component of moving house. An EPC needs to be to hand in advance of the property being advertised. This is not as aspect of the sale process that law firms normally arrange. If you are instructing a Freshwater Bay conveyancing solicitor they may be willing to arrange energy assessments given their relationships with long established local assessors
It is unclear whether my mortgage offer requires a lease extension. I have called into my local Freshwater Bay building society branch on a couple of occasions and was advised it wasn't a problem and they would lend. My Freshwater Bay conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend based on their published requirements. I have no idea who is right.
The solicitor must comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
3 months have elapsed following my purchase conveyancing in Freshwater Bay concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is it best to choose a Freshwater Bay conveyancing solicitor based in the location that I am buying? An old friend can deal with the legal formalities but they are based a couple of hundredmiles away.
The benefit of a high street Freshwater Bay conveyancing firm is that you can pop in to execute documents, hand in your ID and pester them where appropriate. They will also have local knowledge which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that must outweigh using an unknown Freshwater Bay conveyancing solicitor solely due to them being round the corner.
I am searching for Freshwater Bay competitive conveyancing fees. Can I be confident that all the Freshwater Bay practices that are listed on your site are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have advised us that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Freshwater Bay conveyancing solicitor being on the mortgage company conveyancing panel is not accurate.