My fiance’s mother is a property lawyer. I hope that I will receive mate’s pricing for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Long Sutton?
You should contrast pricing. Make use of our comparison tool on this site. The estimates will contrast greatly but the service one can expect are distinct between law firms as is the case with the vast majority of professional services.
The Long Sutton conveyancing firm that just started acting on my house acquisition in Long Sutton have suddenly closed. I only went with them because I needed a solicitor on the Lloyds conveyancing panel and my preferred Long Sutton lawyer was not. I wrote them a cheque for £250 in advance. What are my options?
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 Lloyds 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 solicitors should be in a position to help.
My partner and I are at the point of viewing houses in Long Sutton and I am now considering a potential offer. Is it too early to have a solicitor in place? I will be getting a home loan with Co-operative.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are seeking a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
I have a mortgage with Barclays for my property in Long Sutton. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?
You must advise Barclays prior to letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will allow you to rent 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 Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel firm.
The formalities of my purchase has taken place for my property in Long Sutton. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I opted to have a survey done on a property in Long Sutton in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some lenders will refuse to grant a loan on such a premises.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Long Sutton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Long Sutton to see if the conveyancing will be more expensive.
Being a tenant I am liable for a service charge for my appartment in Long Sutton. As a result of personal circumstances I fell into arrears with remittance. I negotiated a payment plan but there is still a couple of outstanding at the current time.
I want to dispose of the property and I am nervous that this may jeopardize the sale if I have to settle the arrears in advance. Do I have to settle before - is this achievable?
Do speak with the lawyer carrying out your Long Sutton conveyancing but it might be possible to arrange for the outstanding amount to be attributed to the purchasers. The sale price they pay would be adjusted to reflect the amount of debt they assume. They could then deal with the fees once they are the owners.