Me and my partner are buying a house in Beaworthy. It might be a silly question but how we can trust a lawyer? On completion day we have to send our life savings into their account. What protection do 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.
Is it the case that all Beaworthy solicitors on the UBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS conveyancing panel they would need to be overseen by the SRA. Many mortgage companies do allow licenced conveyancers on their panel and in such a situation the practice would be overseen by the Council of Licensed Conveyancers.
Two weeks ago we had a mortgage agreed in principle with Virgin Money. Beaworthy conveyancing solicitors have been appointed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
Some lenders take longer than others. Have Virgin Money completed the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Beaworthy?
Unless a previous purchase of the property took place post 12 October 2013 you may expect conveyancing practitioners handling conveyancing in Beaworthy to continue to suggest a chancel search and or insurance against a claim.
It has been five months since my purchase conveyancing in Beaworthy concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does the Landlord & Tenant Act 1954 affect my business offices in Beaworthy and how can you help?
The 1954 Act affords a safeguard to business lessees, granting the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and help with commercial conveyancing in Beaworthy
Should I appoint a Beaworthy conveyancing practitioner based in the vicinity that I am buying? I have an old university friend who can deal with the legal formalities however his firm is located approximately 350miles drive away.
The benefit of a local Beaworthy conveyancing practice is that you can visit the firm to sign documents, hand in your ID and apply pressure on them if necessary. Having local Beaworthy know how is a bonus. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and in the main were content that must trump using an unknown Beaworthy conveyancing solicitor just because they are round the corner.