My previous solicitor has quoted £1400 for freehold conveyancing in Llantwit Major. I am looking to sell a Georgian house for £250,000. This sounds over the top. Is it above the average fee for conveyancing in Llantwit Major?
The quote is fractionally on the steep side. If you are happy to invest time comparing fee on a like for like basis you might get the conveyancing a bit cheaper by say a hundred pounds. That being said, you mightcome to rue choosing an a cheaper conveyancer. If is important to check the solicitor can represent your mortgage company. You can utilise our comparison tool to choose a Llantwit Major conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Llantwit Major.
We're in Llantwit Major, First time buyers purchasing with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor 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.
This question may be naive but I am unseasoned as a 1st time purchaser of a garden flat in Llantwit Major. Do I pick up the keys to the premises on completion from my solicitor? If so, I will appoint a local conveyancing solicitor in Llantwit Major?
On the day of completion you do not need to attend the conveyancers office in Llantwit Major. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you should be able to pick up the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We are getting a further advance on our mortgage from RBS as we wish to carry out a loft conversion to our property in Llantwit Major. Do we need to choose a local Llantwit Major solicitor on the RBS conveyancing panel to deal with the legals?
RBS don't usually appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.
Bank of Ireland have agreed my mortgage in principle, my bid on a house in Llantwit Major has been agreed to, what happens next?
The estate agent will need to be advised as to your conveyancing practitioner's details (ensure that the solicitors are on the lender’s approved list). Contact Bank of Ireland or your financial adviser and finish off any relevant documentation. Bank of Ireland will instruct a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Bank of Ireland will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Llantwit Major.
I have todaybeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Llantwit Major for a purchase of a leasehold flat 10 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?
The easiest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Llantwit Major conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Llantwit Major in advance of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend refuse to give a mortgage on this type of house.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you contact us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Llantwit Major. Conveyancing may be slightly more expensive based on your lender's requirements.