My best friend’s uncle is a conveyancing practitioner. I hope that I'll be able to get preferential fee for conveyancing, but if not, what level of costs should I be expecting for conveyancing in Great Shelford?
It’s sensible to request two or three conveyancing quotes. Do use our comparison tool on this page. You will notice that prices do be different but the service one can expect are distinct between solicitors as is true with the vast majority of professional services.
My conveyancer has uncovered a defect with the lease for the property we are purchasing in Great Shelford. The other side have suggested title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner has advised that he must be satisfied that the lender is happy with this solution. Who is the client here, us or the bank?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the bank are the client. The appropriate lender specifications must be adhered to.
Can I use your services to recommend a Conveyancing solicitor in Great Shelford even where I’m not buying or disposing of a house, for instance if I want to buy a shop in Great Shelford with a mortgage from Yorkshire Building Society?
Our search tool is predominantly there to find domestic conveyancing solicitors in Great Shelford but we have recorded at the bottom of this page a few Great Shelford commercial conveyancing firms. You should make contact with the solicitors directly to see if they are also authorised to represent Yorkshire Building Society
We're in Great Shelford, FTBs buying with a mortgage (lender is HSBC , and our lawyer is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Please help - my lawyer advises that breach of easement insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Great Shelford?
The right level of breach of easement indemnity insurance depends on your lender. It would differ for example between HSBC Bank and The Royal Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such policies.
We were going to get a DIP from Nationwide this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any Great Shelford solicitors on the Nationwide conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Great Shelford solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
I have instructed a Great Shelford conveyancer having checked that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Great Shelford postcode. As you are getting a mortgage with Bank of Ireland, you could contact them to see if they have a list of approved surveyors in Great Shelford.