We went with a Bovey Tracey based firm for my conveyancing in Bovey Tracey today. After carefully reading the Terms and Conditions it is apparent thatwe are on the hook for fees even where the transaction does not complete. Should I ditch them and select a web based lawyer who offer no completion no charge conveyancing in Bovey Tracey?
It is usually ‘give and take’ in that if "No Sale No Fee" is advertised then the conveyancing charges will generally be more expensive to cover those conveyances that fail to complete. Please beware that such promotions generally do not cover expenditure such as Bovey Tracey conveyancing search costs.
This question may be naive but I am new to the home buying as a first time purchaser of a garden flat in Bovey Tracey. Do I collect the keys to the house on the completion date from my lawyer? If this is the case, I will instruct a High Street conveyancing solicitor in Bovey Tracey?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the vendor’s conveyancers, and once they have received this, you will be able to pick up the keys from the property Agents and start moving into the property. Usually this occurs early afternoon.
We had appointed conveyancers locally in Bovey Tracey on the Skipton solicitor panel. They have just invoiced me a separate fee for dealing with the Skipton mortgage. Is this a supplemental conveyancing fee specified by Skipton?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. The charge is not dictated by Skipton but by your Bovey Tracey conveyancer. Some firms on the Skipton panel will levy an ‘acting for lender’ fee and others do not.
I am currently in the process of buying my council flat in Bovey Tracey. I have a mortgage agreed with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
My wife and I own a renovated Edwardian property in Bovey Tracey. Conveyancing solicitor acted for me and Santander. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching address. Is it worth asking Santander to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bovey Tracey and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing solicitor who carried out the work.
Due to the advice of my in-laws I had a survey completed on a house in Bovey Tracey prior to instructing solicitors. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies may not grant a mortgage on such a house.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bovey Tracey. Conveyancing may be slightly more expensive based on your lender's requirements.
Me and my partner are first time buyers just having agreed a price on a property in Bovey Tracey, and are about to get solicitors instructed. I have used the various rating tools and the results are from all over the England and Wales. Is it essential to have a Bovey Tracey property lawyer local to your potential house? We are fine to do everything over the internet, but I am thinking at some stage we will be required to visit the solicitor's office to sign papers?
The property lawyer does not need to be in Bovey Tracey, but choosing local means that you have the option to attend their offices if needed, for instance, if a signature is needed urgently. Also, a Bovey Tracey solicitor have established relationships with local agents and (if the vendor has instructed a local conveyancer) with them, which will help keep things moving faster.