I chose a high street solicitor for our conveyancing in Oakwood recently. Upon checking the Terms it is apparent thatwe are on the hook for costs even where the transaction does not complete. Should I go with them or select a web based solicitor practice advertising no-sale-no-fee conveyancing in Oakwood?
It is usually a trade off in that if "No Completion No Fee" is available then the conveyancing charges will generally be more expensive to neutralise the cases that fail to complete. Please beware that these promotions rarely cover expenditure for instance Oakwood conveyancing search expenses.
My wife and I are at the point of viewing flats in Oakwood and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Santander.
It would be sensible to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. Given that you are taking out a mortgage with Santander, make sure you remember to check that your lawyer is on the Santander conveyancing panel.
About to purchase flat in Oakwood. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Oakwood solicitor is on the Barclays conveyancing panel.
I have finally had an offer on an apartment in Oakwood agreed to, but there is a chain. The vendors have placed an offer on somewhere, but it’s not been accepted yet, and are looking at other apartments booked. I have instructed a high street conveyancing solicitor in Oakwood. What do I do now? When do I get the mortgage application with Skipton started?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then survey, Oakwood conveyancing search charges, etc). First, you must ensure that your solicitor is on the Skipton conveyancing panel. Regarding the subsequent stages this very much dictated by the specifics of your transaction, motivation for the property and on the state of the market. During a buoyant market many home buyers will apply for the mortgage with Skipton and arrange for the valuation and only if it comes back ok would they pay their conveyancer to press on with searches.
I have todayfound out that Stirling Law have closed. They conducted my conveyancing in Oakwood for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Oakwood conveyancing specialists.
I have been on the look out for a leasehold apartment up to £305k and found one close by in Oakwood I like with amenity areas and transport links nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Oakwood suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.