We were about to instruct a conveyancing solicitor in Wick found by you but stumbled across alternative estimates on the internet seem less pricey – why is this?
There are plenty of solicitors promoting self styled £99 conveyancing, yet more often than not additionalcosts result in the final invoice mounting up beyond all recognition. Conveyancers are obliged to make sure that costs set out in terms of engagement should be fair and reasonable raised The conveyancers that we put forward for conveyancing in Wick specify all legal fees for a residential conveyancing matter.
How up to date is your database of Wick solicitors on the Virgin Money conveyancing panel? Do Virgin Money send you an updated list?
Wick conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
If you had a top tip for choosing a conveyancing solicitor in Wick what would it be?
We would encourage you not to go for the lowest Wick conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I'm the single recipient of my late grandmother’s estate with all property in now in my sole name, including the my former home in Wick. Conveyancing formalities meant that the Land Registry date was in September. I plan to dispose of the house. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership will be considered the same way as if I'd bought the property in September. Do I have to wait 6 months to sell?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this clause chiefly exists to identify subsales or the quick reselling of property.
We were going to get a OIP from Lloyds this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Lloyds recommend any Wick solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Wick solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.
I'm refinancing my existing home to a buy to let loan with Nationwide Building Society and intend to use the remaining equity towards a second property. The area we are looking at is Wick. Will your solicitors be able to act for the two banks and link together the transactions?
Do use our comparison tool on this site to check that the solicitors are approved by both lenders. Having checked that they are your lawyer will be able to connect the two conveyancing matters but you should have a chat with you conveyancer and make clear your expectations and needs.
I am 17 days into a leasehold purchase having been referred to a firm by the estate agent to carry out the conveyancing in Wick. I am not happy. Could you help me find new lawyers?
A solicitor would have to be very bad in order to consider replacing them. Has your mortgage offer been issued? If so you need to make them aware of the new contact details and have the offer are issued to the new lawyers. Your new conveyancer needs to be on the lenders panel to avoid escalating expenses and complications. That should be your first question of the new conveyancers. The search tool should help you find a bank approved solicitor for your conveyancing in Wick