My best friend’s dad is a solicitor. I suspect that I'll be able to get friends and family rates for conveyancing, However if that does not come through, what level of figure would I typically be looking at for conveyancing in Norwich?
Do compare pricing. Do use our search tool on this page. Whilst quotes will vary but service levels do differ between solicitors as is true with the vast majority of professional services.
What does my ID and proof of funds have anything to do with my conveyancing in Norwich? Is this really necessary?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Norwich. However these days you can not complete any conveyancing transaction in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a utility bill. Remember if you are supplying your driving licence as proof of ID it needs to be both the paper part as well as the photo card part, one is not sufficient without the other.
Verification of your origin of money is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on file. Your Norwich conveyancing practitioner will require evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask further queries concerning the source of monies.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to use a local conveyancing solicitor in Norwich?
Do check but the the probability is that allocate you one of their panel lawyers where you accept the "fee-free" deal. Speak to the bank to ask if they allow a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Norwich.
I just bought a property at auction in Norwich. Conveyancing is needed. What are my next steps?
Having legally bound yourself to purchase you will need to hire the services of a conveyancing solicitor as a matter of priority as you now have a fast approaching deadline in which to complete the deal. All auction property should have a bespoke legal pack. This will likely include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction papers should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You should give this to the solicitor instructed by you ASAP. Do make sure that your finances are in place to complete the transaction on the set completion date.
I have today made my last payment due on my mortgage with . I assume I don't need a Norwich on the panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the mortgage from the register. , and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where has sent the Land Registry the discharge electronically, and
- has instructed the Land Registry to do so
Having digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Norwich solicitor - who is on the conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
will need an independent valuation of the property. Your lawyer will not arrange this. Usually will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Norwich surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one round the corner in Norwich I like with open areas and railway links in the vicinity, however it only has 49 remaining years left on the lease. I can't really find anything else in Norwich for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan that many years will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.