The loan offer from Nationwide for the remortgage of my 2 bedroom garden flat is coming within the next few days. Are you able to propose a low cost conveyancing law firm in Wendover?
You are on the wrong site if you are in need of a cheap conveyancing in Wendover. Our aim is to provide cost effective conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint companies offering low cost conveyancing in Wendover. The optimum outcome, in being led by cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for additional fees and still not end up with the service you were hoping for.
I own a freehold premises in Wendover but still pay rent, why is this and what is this?
It is rare for properties in Wendover and has limited impact for conveyancing in Wendover but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
The Wendover conveyancing solicitors that just started acting on my house acquisition in Wendover have suddenly shut down. They were on acting for me because I had to have a lawyer on the Lloyds conveyancing panel and my preferred Wendover lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Lloyds conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
My husband and I are new on the property ladder - had an offer accepted, yet the estate agent advised that the vendor will only proceed if we instruct the agent's chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Wendover
It is improbable the vendors are behind this. Should the owner want ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Wendover conveyancing lawyers - as opposed tothose that will earn their negotiator at the agency a kickback or meet his conveyancing targets demanded by HQ.
My conveyancing solicitor in Wendover has requested from me personal identification documents saying that this forms part of his requirements as a solicitor on the bank Conveyancing panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the lender. This is not unique to conveyancing in Wendover