I went with a high street lawyer for our conveyancing in Guildford today. Reviewing the terms of engagement I seeI am responsible for fees even if the movedoes not happen. Should I go with them or select a web based firm who offer no completion no cost conveyancing in Guildford?
It is usually ‘give and take’ in that if "No Completion No Fee" is advertised then the conveyancing charges will tend to be be more expensive to cover those cases that do not proceed. You should be mindful that these deals rarely protect you from expenditure such as Guildford conveyancing search charges.
We hope to to buy with Melton Mowbray Building Society. I visited a couple of high street firms but am struggling to find a Guildford conveyancing firm on the Melton Mowbray Building Society panel. Could you help?
Please do make the most of the find a lender approved solicitor tool on this web page. Pick the lender and type Guildford or your location and you will be presented with a number of lawyer based in Guildford or near you.
We had instructed conveyancing lawyers based in Guildford on the Bank of Ireland solicitor panel. They are now charging me an additional charge for the legal aspects of the Bank of Ireland mortgage. Is this an additional conveyancing fee specified by Bank of Ireland?
Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer can charge a fee for this. This fee is not dictated by Bank of Ireland but by your Guildford property lawyer. Plenty of firms on the Bank of Ireland panel will charge ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
Can I be sure that the Guildford conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in Guildford seeking recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your transaction.
I recently had an offer agreed on a house in Guildford. My financial adviser pressured me to appoint their property lawyer. I paid an advanced payment of £175. Shortly after, the solicitor called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Various online forums that I have frequented warn that are a common reason for hinderance in Guildford house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Searches are not likely to feature in any holding up conveyancing in Guildford.
How does conveyancing in Guildford differ for newly converted properties?
Most buyers of new build residence in Guildford approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because developers in Guildford tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Guildford or who has acted in the same development.