We see that you have a search directory listing law firms on the Virgin Money conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Rawcliffe?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Rawcliffe.
My wife and I are buying a flat in Rawcliffe. It might be a silly question but how we can trust a conveyancer? At some point we have to put our life savings into their account. What protection do we have from them run away with our money?
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.
When it comes to lenders such as Barclays, do Rawcliffe property lawyers face a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Bank of Ireland have agreed my mortgage in principle, my offer on a property in Rawcliffe has been agreed to, now what?
Your property agent will want to know who your solicitors are (be sure the conveyancing practitioners are on the lender’s panel). Call up Bank of Ireland or your broker and finalise any appropriate documentation. Bank of Ireland will sellect a valuer who will get in contact with the selling agent or owners to book a slot for the valuation to take place. Once carried out (assuming no problems) it takes about a week to receive the mortgage offer. Bank of Ireland will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Rawcliffe.
It has been 2 months since my purchase conveyancing in Rawcliffe took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Rawcliffe differ for newly converted properties?
Most buyers of new build or newly converted property in Rawcliffe approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because house builders in Rawcliffe typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Rawcliffe or who has acted in the same development.
My father has encouraged me to appoint his conveyancers in Rawcliffe. Should I use them?
Much as we are happy to recommend a Rawcliffe conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to have feedback from friends or relatives who have actually previously instructed the conveyancer that you are contemplating using.