I am in the process of selling my home in Roath Park and the estate agent has just called to warn that the buyers are swapping conveyancer. I am told that this is due to the fact that the bank will only engage with property lawyers on their approved list. On what basis would a leading lender only deal with specific solicitors rather the firm that they want to appoint to handle their conveyancing in Roath Park ?
Mortgage companies have always had an approved set of law firms that can act for them, but in the last few years big names such as Yorkshire Building Society, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for many years.
Mortgage companies point to the increase in fraud as the reason for the cull – criteria have been stiffened as a smaller panel is easier to monitor. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Plenty of firms do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are unlikely to have any impact on this.
I need some fast conveyancing in Roath Park as I have a deadline to sign on the dotted line in less than one month. Fortunately I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you are at liberty not to do searches although no solicitor would suggest that you don't. With plenty of history conveyancing in Roath Park the following are examples of issues that can arise and therefore affect future saleability: Enforcement Actions, Overdue Fees, Overdue Grants, Road Schemes,...
Given that I will soon spend 450k on a two bedroom apartment in Roath Park I would like to have a conversation with the conveyancer about myhome move ahead of instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Roath Park.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Roath Park should be the amount on the final invoice that you are charged.
Am I better off to use a Roath Park conveyancing lawyer who is local to the property I am purchasing? We have a good friend who can conduct the legal work but his firm is located over three hundred miles drive away.
The benefit of a high street Roath Park conveyancing firm is that you can pop in to sign paperwork, hand in your identification documents and pester them if necessary. Having local Roath Park know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were impressed that should trump using an unknown Roath Park conveyancing solicitor just because they are local.
Been reading online that Roath Park solicitors are more expensive than licensed conveyancers in Roath Park when it comes to buying a house. So is it better if I use a conveyancer or a solicitor if I am buying for my home move in Roath Park.
When it comes to conveyancing in Roath Park the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.