My previous solicitor has quoted £995 for fixed fee conveyancing in Ruddington. I’m selling a newly refurbished house for £175,000. This appears expensive. Is it above the norm for conveyancing in Ruddington?
The quote is fractionally on the steep side. If you are willing to expend time contrasting fee on a like for like basis you might trim some of the cost by as much as £100 plus VAT. On the other hand, you mightlive to rue opting for an an unknown lawyer. If is important to be sure that the solicitor can also act for your mortgage company. You can make use of our search tool to get a quote a Ruddington conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Ruddington.
How up to date is your search tool for Ruddington conveyancing solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Ruddington conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Ruddington property lawyer on the Nationwide panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nationwide 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 Nationwide mortgage from the register. Nationwide, 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 Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
Completion of my remortgage has taken place for my property in Ruddington. Conveyancing was of an acceptable standard but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
My offer was accepted on a house in Ruddington on 21/12/2018, valuation was booked 3 days after, all came back fine. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Are Clydesdale entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in Ruddington?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Ruddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Why do I have to send my property lawyer with various items of identification ahead of starting selling or buying a property in Ruddington?
Ruddington conveyancing practitioners are required by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering legislation to record that the have checked the identity of their clients. It will also be a requirement of your lender where you are obtaining a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, national insurance number and DOB.