Why do I have to pay up front for my conveyancing in Nottingham?
Where you are retaining lawyers for conveyancing in Nottingham your solicitor will ask you place them with funds to cover the search fees. Normally this is called for to cover the fees of the Local Authority Search. If any deposit is as part of the purchase price then this will be asked for shortly before exchange of contracts. The closing balance that is due will be payable shortly before completion.
My brother-in-law has suggested I instruct a conveyancing solicitor in Nottingham. I I would like to check if they are on the Godiva Mortgages Ltd approved list of lawyers. Could you assist?
The first thing to do is e-mail the conveyancer and ask them whether they are on the lender panel. Alternatively please get in touch with Godiva Mortgages Ltd who may be able to help.
I am the single beneficiary of my late mum's estate and I have everything in my name now, including the my former home in Nottingham. The Nottingham property was put into my name in December. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the property in December. Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How practical a view lenders take of it, depend on the mortgage company as this requirement chiefly exists to identify subsales or the quick reselling of property.
When it comes to mortgage companies such as Kent Reliance, do Nottingham solicitors face a fee to be on the conveyancing panel?
We are not aware of any lender fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
We have a mortgage agreed in principle with RBS. Nottingham conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from RBS?
Some lenders take longer than others. Have RBS done the valuation? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Hoping to buy a property located in Nottingham and I am already nervous. I couldn't find anything specific about Nottingham. Conveyancing will be needed in due course but do you know about the Nottingham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Nottingham. In the meantime here are some basic statistics that we found
I am looking for a conveyancing practitioner in Nottingham for my house move. Is it possible to check a solicitor's complaints history with the profession’s regulator?
Members of the public can search for presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA could monitor call for training purposes.