I am in the throes of transferring my existing standard mortgage to a BTL Nottingham Building Society mortgage. I was told by my financial advisor that I must appoint a lawyer as part of the process. I got in contact with my former West Croydon conveyancing firm who acted on my behalf when I first bought the premises. The costs illustration issued of £450 plus VAT has taken me by surprise as its a refinance than a sale or purchase.
The quote is slightly on the expensive side. If you are content to invest time comparing prices you could get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, assuming were happy with the conveyancing the firm provided you couldcome to rue opting for an an unknown lawyer. If is important to enquire that the conveyancer can represent Nottingham Building Society. Do utilise our search tool to locate a West Croydon conveyancing firm on the Nottingham Building Society approved list of lawyers, which can often include conveyancing solicitors in West Croydon.
At what point will exchange of contracts happen for purchase conveyancing in West Croydon and do I need to be at the conveyancers branch?
If you are round the corner to our conveyancing solicitors in West Croydon you are invited in to sign contracts. However, the law practices we work with offer countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when dealing with you electronically. The signing of the contract is not the point of no return. A signed contract simply enables the firm to exchange contracts at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in West Croydon)to be in the office at the appropriate time.
We are buying a house in West Croydon. It might be a silly question but how we can trust a lawyer? On completion day we have to put our life savings into their account. What is the protection we have from them run away with our monies?
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.
Have just purchased a probate house at auction in West Croydon. Conveyancing is needed. What are my next steps?
Now that you are for all intents and purposes signed on the dotted line you should retain a conveyancing practitioner quickly as you will have a tight a fixed date to complete the transaction. All auction property will have a corresponding auction pack. This should include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold property the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must give this to your appointed conveyancing solicitor as soon as possible. Do make sure that your finances are organised to complete the transaction on the set completion date.
We previously appointed conveyancing lawyers locally in West Croydon on the Barclays solicitor approved list. They are now charging me a separate charge for handling the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
Unfortunately, as long as it is in their Terms of Engagement or estimate then yes your conveyancing practitioner may levy a fee for this. This charge is not set by Barclays but by your West Croydon conveyancer. Plenty of firms on the Barclays panel will levy an ‘acting for lender’ fee but some practices incorporate it on their overall fee.
I'm refinancing my primary house to a buy to let loan with Birmingham Midshires and intend to use the remaining equity towards further house. The location we are looking at is West Croydon. Will your solicitors be able to act for the two banks and tie in the two deals?
Do use our search tool on this page to check that the conveyancers are approved by both lenders. Assuming that they are the solicitor will be able to connect the two conveyancing matters but you should have a chat with you solicitor and make clear your desired outcome and requirements.
My husband and I are a couple of weeks into a freehold purchase having been directed to a firm by the estate agent to handle our conveyancing in West Croydon. We are not happy. Can you help me find new conveyancers?
A conveyancer would have to be really bad in order to consider changing them. Has the mortgage been issued? In the event that it has you will need to make them aware of the new contact details and have the offer are issued to the new lawyers. The solicitor ideally needs to be on the banks approved list to avoid supplemental charges and complications. So that should be your starting point. Our search tool will help you find a lender approved solicitor for your conveyancing in West Croydon