We selected a local solicitor for my conveyancing in Dawlish today. Reviewing the terms of engagement it is apparent thatwe are responsible for fees even where the conveyance does not complete. Should I ditch them and select an on-line solicitor practice advertising no completion no cost conveyancing in Dawlish?
Generally there is a compromise along the lines that if "No Completion No Fee" is advertised then the fee levels will tend to be be more expensive to counteract those conveyances that do not go ahead. Please beware that such promotions generally do not cover disbursements such your Dawlish conveyancing search expenses.
We wanted to use a conveyancing solicitor in Dawlish for our house move. Our financial adviser has since advised us that our bank Britannia won't deal with them. Why is this not regarded as unfair competition?
Pre- 2008 most banks had an appetite for risk which was higher than today. Almost all Dawlish conveyancing firms would have been on many lender panels. The financial services regulator in 2010 completed a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more information from law firms relating to their operations and their employees as well as establishing certain criteria such a completing on a minimum amount of transactions. Many Dawlish conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Dawlish is one of the thousands of areas where the solicitors we list are are authorised to act for Britannia.
My wife and I are buying a apartment in Dawlish. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our monies?
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.
Can you point me to a directory of Virgin Money panel solicitors in Dawlish on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings viewable on the web. If you are seeking to appoint a Dawlish conveyancer on the Virgin Money please make the most of our tool.
I currently have a mortgage with Nottingham for my property in Dawlish. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?
Nottingham must be informed of your intention prior to letting out your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. It should not be necessary to do this via a Nottingham conveyancing panel lawyer.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Dawlish is where the house is located. Can you offer any guidance?
Flying freeholds in Dawlish are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dawlish you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dawlish 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 premises.
In my capacity as executor for the will of my grandmother I am disposing of a house in Swansea but live in Dawlish. My solicitor (based 300 miles from merequires that I sign a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Dawlish who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Dawlish based