I'm in the process of swapping over from my current homeowner loan to a BTL Godiva Mortgages Ltd mortgage. I was told by my financial advisor that I require a lawyer for this. I had a chat my past Norfolk Broads conveyancing firm who acted on my behalf when I previously purchased the premises. The fee calculation provided of £500 has taken me by surprise as its a refinance than a sale or purchase.
The costs illustration is fractionally on the high side. Where you are prepared to invest time comparing quotes you could reduce the fees marginally by perhaps £125. That being said, assuming were satisfied with the assistance the firm provided you maycome to regret opting for an an untested lawyer. Remember to ensure the solicitor can represent Godiva Mortgages Ltd. You can make use of our search tool to get a quote a Norfolk Broads conveyancing firm on the Godiva Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Norfolk Broads.
My husband and I are purchasing a newly built duplex in Norfolk Broads and my conveyancer is informing me that she has to the mortgage company to reveal incentives from the seller. I am nearing the developer’s deadline to sign contracts and I don't want to delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My lawyer in Norfolk Broads has never been on on the Santander Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the Santander approved list?
The limited options open to you here include:
- Carry on with your existing Norfolk Broads solicitors but Santander will need to instruct a conveyancer on their panel. This will inevitably rack up the total conveyancing fees as well as result in frustration.
- Find an alternative lawyer to to deal with the purchase, not forgetting to check they are Santander approved.
- Try to convince your Santander solicitor to attempt to join the Santander panel
Me and my partner are buying a apartment in Norfolk Broads. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit money into their account. What is the protection we have from them run away with our monies?
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.
If you had a top tip for selecting a conveyancing solicitor in Norfolk Broads what would it be?
It would be unwise to be seduced by the lowest Norfolk Broads conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
I recently had an offer accepted on a house in Norfolk Broads. My financial adviser suggested a conveyancer. I paid an upfront payment of £225. A couple of days later, the conveyancer called me to say that they were not on the Nationwide 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 Nationwide 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.
I have been informed by many friends to expect six to eight weeks for Norfolk Broads conveyancing to complete.This was a month ago. The property information was only received to my conveyancing practitioner a couple of days ago so does the time start running now?
There is no conventional countdown for conveyancing in Norfolk Broads, or any location. You just have to make sure your finances are in order and wait for the rest to come together.