Recently been in touch with my conveyancing solicitor in Lampeter who acted for me two years ago and wanted a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold property and a freehold property) of similar values with a loan from Nationwide Building Society. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative property lawyer?
The charges seem a little high. If you you were to look around you might trim some of the cost by perhaps a hundred pounds. That being said, if you were satisfied with the assistance the firm provided you mightcome to rue choosing an an untested lawyer. Don't forget to check the solicitor can represent Nationwide Building Society. You can make use of our search tool to get a quote a Lampeter conveyancing firm on the Nationwide Building Society member panel, which can often include conveyancing solicitors in Lampeter.
When reading consumer advice sites for an online lawyer in Lampeter, many comment that I must instruct a CQS assured lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home moving process, trusted by some of the UK's biggest banks. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). CQS is not a scheme offered by the Council of Licensed Conveyancing. Lampeter is one of the many areas in England and Wales where there are CQS solicitors.
How does conveyancing in Lampeter differ for new build properties?
Most buyers of new build residence in Lampeter come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Lampeter tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lampeter or who has acted in the same development.
Am I right to be wary that estate agents that I am dealing with are suggesting a factory type conveyancing firm rather than a High Street Lampeter conveyancing company?
As with lots of professional services, often suggestions from connections can be very helpful. Nevertheless there are numerous people with a vested interest in a conveyancing deal; estate agents, mortgage brokers and lenders might all recommend lawyers to retain. On occasion the conveyancers might be known to one of the organisations as being good in their field, but sometimes there might be a financial incentive behind the endorsement. You have the discretion to choose your preferred conveyancer. You need to be aware that some banks specify a panel list of conveyancers you are obliged to use for the mortgage aspect of your house move.
I need to appoint a conveyancing solicitor for some conveyancing in Lampeter. I happened to chance upon a web site which appears to be the perfect solution If it is possible to get all this stuff completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?