At what point will exchange of contracts happen for domestic conveyancing in Haltwhistle and am I required to attend the lawyers office?
Where you are local to one of the conveyancing solicitors in Haltwhistle you are invited in to sign documents. However, the firms we recommend offer a national conveyancing service and provide just as comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not the important part. A signed contract is just a prerequisite for the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Haltwhistle)to be in the office at the appropriate time.
The Haltwhistle conveyancing solicitors that I appointed last week on my purchase in Haltwhistle have without warning closed. They were on acting for me because I had to have a firm on the Virgin Money conveyancing panel and my previous Haltwhistle lawyer was not. I sent them a cheque for two hundred pounds in advance. What should be my next steps?
If you have an estate agent involved then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Virgin Money conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
My wife and I are purchasing a flat in Haltwhistle. It might be a silly question but how we can trust a solicitor? On the day of competition we have to put money into their account. What protection do we have from them run away with our deposit?
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.
We previously chose solicitors locally in Haltwhistle on the Aldermore solicitor approved list. They are now charging me a supplemental charge for the legal aspects of the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your property lawyer can levy a fee for this. This charge is not set by Aldermore but by your Haltwhistle solicitor. Numerous firms on the Aldermore panel will quote ’dealing with mortgage’ fee and others do not.
My sealed bid on a semi in Haltwhistle has been agreed to, the sellers do however have a dependent purchase. The sellers have put an offer on a property, however it’s not yet tied up, and have viewings of other apartments in the pipeline. I have chosen a nearby conveyancing solicitor in Haltwhistle. What do I do now? When should I get the mortgage application with Skipton going?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then survey, Haltwhistle conveyancing search fees, etc). The first thing to do is ensure that your conveyancer is on the Skipton approved list. Regarding the subsequent stages this very much depends on the specifics of your transaction, desire for this property and on the state of the market. During a rising market some buyers will apply for the mortgage with Skipton and arrange for the valuation and only if it comes back ok would they ask their property lawyer to move forward with searches.
I decided to have a survey completed on a house in Haltwhistle before retaining solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some banks will not give a loan on such a property.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you e-mail us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Haltwhistle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Haltwhistle to see if the conveyancing will be more expensive.
My brother completed his conveyancing in Haltwhistle 9 years ago. He has been wed, divorced and has recently married again. He now intends to dispose of the Haltwhistle property. I believe he will simply be asked to supply copies of his marriage certificates to the solicitor however he is concerned it could delay the sale of the property. Is it worth updating the Land Registry documents for the house?
It is not absolutely necessary to update the title for the property as long as you have the proof required to show how the name change resulted.
The buyer’s conveyancing practitioner should check the land registry information and need evidence to establish the change of name for instance marriage documentation.