We are acquiring a new build duplex in Devon and my solicitor is informing me that she is duty bound to the mortgage company to disclose incentives from the developer. I am on a tight deadline to exchange contracts and I don't want to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We previously selected conveyancers located in Devon on the RBS solicitor approved list. They are now charging me an additional fee for handling the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your conveyancing practitioner may levy a fee for this. This fee is not set by RBS but by your Devon conveyancing practitioner. Some firms on the RBS panel will quote ’dealing with mortgage’ fee and others do not.
We are getting the release of further monies on our mortgage from Principality as we want to carry out renovations to our home in Devon. Do we need to select a local Devon solicitor on the Principality conveyancing panel to deal with the paperwork?
Principality would not normally appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality panel.
My offer was accepted on an apartment in Devon on 4/12/2020, valuation was booked 4 days after, received a clean bill of health. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I purchased a 4 bedroom Georgian property in Devon. Conveyancing practitioner represented me and Barnsley Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be 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 Devon 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 buyers. You can also check the position with the conveyancing practitioner who conducted the conveyancing.
What makes your site different to alternative online quote calculators for conveyancing in Devon?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Devon. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you appoint them for your home move in Devon
My father-in-law has recommend that I instruct his lawyers for conveyancing in Devon. Should I choose my own conveyancer?
Much as we are happy to recommend a Devon conveyancing lawyer the best way to select a conveyancing practitioner is to have guidance from friends or relatives who have actually previously instructed the firm that you are contemplating using.