Just contacted my conveyancing lawyer in Merseyside who conducted the legals 18 months ago requesting a conveyancing quote based on the same type of house sale & purchase (a leasehold premises and a freehold property) of almost identical values with a home loan from Bank of Scotland. I am now being quoted double. Stick with what I know or should I seek out a cheaper online conveyancer?
The charges seem a bit high. Where you are content to spend time scrutinising quotes you may be able to get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, providing that you were content with the service the firm gave you maycome to regret opting for an an untested conveyancer. Don't forget to check that the solicitor can act for Bank of Scotland. Do utilise our search tool to get a quote a Merseyside conveyancing firm on the Bank of Scotland member panel, which can often include conveyancing solicitors in Merseyside.
The Merseyside conveyancing firm handling our Merseyside conveyancing has spotted a difference between the assumptions in the valuation report and what is revealed within the title deeds. My solicitor informs me that he is duty bound to check that the bank is OK with this discrepancy and is still content to lend. Is my lawyer’s stance right?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I understand that there are debates on Chancel Insurance on online forums. Do I require this when buying a house in Merseyside? or Apparently there is an ancient law that means some owners of property living in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this suitable for conveyancing in Merseyside?
Unless a previous acquisition of the premises completed post 12 October 2013 you can take it that conveyancing practitioners carrying out conveyancing in Merseyside to continue to advocate a chancel search and or chancel repair liability policy.
My brother has urged me to instruct his conveyancing solicitors in Merseyside. Should I use them?
No doubt it’s preferable to select a conveyancing lawyer is to seek referrals from friends or family who have actually previously instructed the solicitor that you are contemplating using.
Do I cancel my mortgage payments with Virgin Money once a completion date for my sale in Merseyside has been agreed?
No, you must keep meeting any mortgage sums to Virgin Money pending the mortgage being repaid from the proceeds of sale as part of your Merseyside conveyancing.