Am I correct in assuming that the fact that my solicitor in Dartmouth is not listed on my bank's solicitor panel that there is a problem with the quality of her conveyancing?
It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Dartmouth conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
Do lawyers ask for an advanced payment when it comes to conveyancing in Dartmouth?
If you are buying a property in Dartmouth your solicitor will request that you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the purchase price then this will be needed immediately in advance of exchange of contracts. Any further balance that is needed should be sent to your lawyer shortly before completion.
I decided to have a survey completed on a property in Dartmouth before instructing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some lenders tend refuse to give a loan on such a premises.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Dartmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Dartmouth to see if the conveyancing costs will increase in light of this.
What makes your site different to alternative online quote calculators when it comes to conveyancing in Dartmouth?
At this site get a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Dartmouth. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you select them for your home move in Dartmouth
I have just started marketing my basement flat in Dartmouth.Conveyancing has not commenced however I have recently had a quarterly maintenance charge demand – what should I do?
The sensible thing to do is clear the invoice as normal because all rents and service charges should be allottedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially