Can your site be used to recommend a Conveyancing solicitor in Bridport even where I’m not buying or disposing of a house, for example if I wish to buy a shop in Bridport with a loan from The Mortgage Works?
The service is mainly used to help choose residential conveyancing solicitors in Bridport but we have recorded towards the end of this page a selection of Bridport commercial conveyancing firms. You should make contact with the company directly to see if they are also authorised to represent The Mortgage Works
My wife and I are purchasing a house in Bridport. I might seem paranoid but how we can trust a conveyancer? 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 money?
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.
My fiancee and I are in the process of viewing apartments in Bridport and I am about to put in an offer. Is it advisable to have my property lawyer on ‘stand by’? I intend to finance via a mortgage with Principality.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are obtaining a mortgage with Principality, make sure you remember to check that your lawyer is on the Principality conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by RBS. Is it usual for RBS to only issue the offer once my solicitor in Bridport is approved on their conveyancing panel? RBS have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Bridport differ for new build properties?
Most buyers of new build or newly converted property in Bridport approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Bridport tend to purchase the land, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Bridport or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Bridport is where the house is located. Can you shed any light on this issue?
Flying freeholds in Bridport are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bridport you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bridport may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
We are in the process of a leasehold sale of a flat in Bridport. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the landlord. So far we have paid £295.50 for a leasehold management information and then another £117.20 for responses to questions raised by the purchaser's conveyancer.
Neither you or your lawyer will have any say over the extent of the bill for this information but the average costs for the information for Bridport leasehold property is £350. When it comes to Bridport conveyancing transactions it is standard for the owner to cover the costs. The landlord or their agents are not duty bound to answer such questions most will agree to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no statute that mandates set fees for administrative tasks. There is no legal time limit by which they are duty bound to supply the information.