We chose a local lawyer for my conveyancing in Oxfordshire last week. After carefully reading the Ts and Cs I seewe are responsible for charges even where the transaction does not complete. Would I be best advised to appoint an internet lawyer promising no move no charge conveyancing in Oxfordshire?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the conveyancing charges will generally be uplifted to offset those transactions that do not go ahead. Dont forget that these schemes tend not to protect you from disbursements such your Oxfordshire conveyancing search charges.
Are the Oxfordshire conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Oxfordshire 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.
My uncle passed away last year and as sole heir and executor I was left the house in Oxfordshire. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this possible?
Where you intend to re-mortgage then Santander will require that you use a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
Is it simple use your search tool to find a conveyancing practitioner in Oxfordshire on the panel for my mortgage?
1st choose a mortgage company such as HSBC Bank, Barnsley Building Society or Barclays Direct then type in your preferred area for example Oxfordshire. Conveyancing organisations in Oxfordshire and nationally should be shown.
Much to my surprise my lawyer in Oxfordshire has informed me that he requires proof of ID documents asserting that this is part of his retainer as a conveyancer on the bank Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Oxfordshire conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the lender also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the mortgage company's UK Finance Lenders’ Handbook requirements