Having been told to check out your site we were about to use a conveyancing solicitor in Workington recommended on your site but stumbled across some other estimates via the web seem less pricey – how come?
There are hundreds of conveyancers advertising at first sight what seems to be the cheapest conveyancing in Workington. We would urge you to give due consideration as to how much you respect your own move to want to take 'cheap' risks over the standard of the conveyancing. Some embed additional charges well inside the terms of engagement. The conveyancers that we list for conveyancing in Workington neverdo this.
My conveyancer has uncovered a a problem with the lease for the apartment we are purchasing in Workington. The seller’s lawyers have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must check that the lender is willing to move forward with this solution. Are we the client or is the mortgage company ?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. The appropriate lender conditions have to be complied with.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Workington. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/9/2020, the requirements read as follows :
What is your number one tip for finding a conveyancing solicitor in Workington
We would encourage you not to base your choice on the lowest Workington conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. 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.
Can you point me to a directory of RBS panel solicitors in Workington on the Building Society Association’s Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable on the web. Where you are seeking to appoint a Workington property lawyer on the RBS please make the most of our facility.
I am expecting a AIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Workington solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Workington solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
4 months have elapsed following my purchase conveyancing in Workington took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.