We are buying a flat and require a conveyancing solicitor in Sidmouth who is on the Virgin Money approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Sidmouth.
we are a couple who are buying a newly converted flat in Sidmouth with a mortgage from Barnsley Building Society.We use our Sidmouth conveyancing lawyer but Barnsley Building Society says he's not on their "panel". we are left little option but to use a Barnsley Building Society panel lawyer or retain our high street solicitor and fork out for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Barnsley Building Society use our lawyer?
Unfortunately,no. The loan issued to you contains terms and conditions, one of which will be that lawyers needs to be on the Barnsley Building Society approved list. in the past, most lenders had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Barnsley Building Society
I used Arc property Solicitors several years ago for my conveyancing in Sidmouth. Now, I need my files however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sidmouth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build apartment in Sidmouth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Sidmouth
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I have just placed an offer on a leasehold flat in Sidmouth and the mortgage adviser that we are using suggested his solicitor. They quoted £1000 including VAT and disbursements. Does this sound steep?
Don't just go on one estimate. You should obtain like-for-like quotes for your conveyancing in Sidmouth. Then choose one that you are comfortable with and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.