I have just been advised by my IFA that my Aberdovey lawyer is not on the mortgage company Conveyancing panel. How can I be certain whether this is indeed the case?
Your first step should be to contact your Aberdovey lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
We have very pushy vendors who has recommended a preliminary agreement with a down payment of 5k. Are such agreements sensible?
This type of contract is not the norm in Aberdovey, conveyancers are not keen on them as they divert attention from the primary objective, namely conveyancing and if you end up losing your deposit then the lawyer is left exposed. Furthermore, there is no guarantee that just because the owner has entered into an exclusivity contract they will complete the sale with you. They may be motivated to break the agreement if they are offered a big enough financial inducement to do so because an aggrieved claimant with the benefit of a exclusivity agreement will still be obliged establish consequential losses from the breach and these may not equate the financial upside that the owner may secure by breaking the contract, however morally unworthy the behaviour is.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The lawyers who conducted the conveyancing in Aberdovey 5 years ago are no longer around. What are my next steps?
As long as the title is registered the information relating to your ownership will be recorded by HMLR under a Title Number. It is possible to conduct a search at the Land Registry, locate your house and obtain up to date copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I was recommended by two or three local property agents in Aberdovey to find a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to promote your site over and above alternative conveyancing organisations?
We refuse to offer any financial incentive for pointing buyers and sellers our way. We thought it would be too underhand a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I see that you have a search directory listing law firms on the bank conveyancing panel. Do Aberdovey conveyancing firms pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Aberdovey.