We hired a Monmouthshire based solicitor for our conveyancing in Monmouthshire last week. Upon checking the official terms of business I notewe are responsible for costs even where the conveyance does not complete. Should I go with them or select a web based conveyancing company promising no completion no charge conveyancing in Monmouthshire?
It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the fee levels will generally be more expensive to counteract the transactions that do not proceed. Please beware that these promotions tend not to cover expenditure such as Monmouthshire conveyancing search fees.
Are the Monmouthshire conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Monmouthshire conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
I am mortgaging my house in Monmouthshire, does my lawyer have to be on the UBS Solicitor panel?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
This question may be naive but I am unseasoned as a first time purchaser of a garden flat in Monmouthshire. Do I pick up the keys to the house on completion from my solicitor? If so, I will appoint a local conveyancing solicitor in Monmouthshire?
On the day of completion you do not need to go to the conveyancers office in Monmouthshire. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s lawyers, and once they have received this, you will be invited to receive the keys from the selling Agents and move into your new home. Usually this happens between 1 and 3pm.
A colleague pointed out to me me that in buying a property in Monmouthshire there could be various restrictions limiting what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Monmouthshire which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Monmouthshire should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to mortgage companies such as Kent Reliance, do Monmouthshire conveyancing practitioners face an annual charge to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
I used Stirling Law a few years ago for my conveyancing in Monmouthshire. I now require my papers but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Monmouthshire of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.