Do conveyancers ask for money up-front for conveyancing in Roath?
Where you are retaining lawyers for conveyancing in Roath your solicitor will request that you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the purchase price then this should be needed shortly before contracts are exchanged. Any further balance that is due should be sent to your lawyer a few days ahead of the completion date.
How do I investigate if the solicitor conducting my conveyancing in Roath is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Birmingham Midshires thus spending £175.00 in another set of conveyancing costs.
Please do make the most of the search tool on this web page. Pick the mortgage company and type ‘Roath’ or your preferred area and you will see a number of lawyer offices in Roath or by proximity to you.
is it true that all Roath solicitor firms on the Virgin Money conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be overseen by the SRA. Many mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Roath lawyer on the TSB panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I have instructed a Roath conveyancing practitioner having checked that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Roath surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Hoping to buy a property located in Roath and I am already nervous. I couldn't find anything specific about Roath. Conveyancing will be needed in due course but do you know about the Roath area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Roath. In the meantime here are some basic statistics that we found
We had our mortgage agreed in principle last Friday with our bank. We appointed a long established conveyancer in Roath two days ago. This morning, our financial adviser contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we had no idea that the mortgage company had some control over our choice Is this legal?
You are permitted to use any conveyencer you want to select for your conveyancing in Roath however if your lender aren't happy with them you would have to fork out an extra fee so your bank can retain their own solicitors as well to protect their interest. On occasion it is conceivable that your preferred conveyancing firm to get included on to the lender list of approved firms. Do make the most of web-based search facilities such as lenderpanel.com to find a conveyancing solcitor in Roath on the lender panel. You can go into your high street bank branch in Roath. They will know some good conveyancing solicitors in Roath on the approved list.