I instructed a local solicitor for our conveyancing in Coulsdon yesterday. Looking through the official terms of business I seeI am liable for fees even if the sale aborts. Should I ditch them and select an on-line firm who offer no completion no cost conveyancing in Coulsdon?
It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the conveyancing charges will generally be higher to cover the conveyances that abort. Please beware that these arrangements generally do not cover expenditure such your Coulsdon conveyancing search costs.
The Coulsdon conveyancing solicitors that I appointed last week on my purchase in Coulsdon have without warning closed. I only went with them because I had to have a solicitor on the Yorkshire BS conveyancing panel and my preferred Coulsdon lawyer was not. I paid them money in advance. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will 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 Yorkshire BS 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 may be able to help.
We were going to get a OIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Coulsdon solicitors on the Aldermore conveyancing panel, or is it better to go independently?
You will need to appoint Coulsdon solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
I was told two weeks ago that my mortgage has been agreed to by Santander. Is it usual for Santander to only issue the offer once my solicitor in Coulsdon is approved on their conveyancing panel? Santander have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Santander to deal with your lawyer's application to be on the Santander conveyancing panel. There's no guarantee that your solicitor will be accepted.
Leeds Building Society have agreed my mortgage in principle, my bid on a apartment in Coulsdon has been agreed to, what are the next steps?
Your estate agent will want to be informed of your lawyer's details (make sure the solicitors are on the bank’s panel). Call up Leeds Building Society or your broker and complete any outstanding forms. Leeds Building Society will appoint a valuer who will get in contact with the selling agent or seller to book an appointment. Once conducted (assuming no problems) it takes on average a week to receive the mortgage offer. Leeds Building Society will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Coulsdon.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Coulsdon? or Apparently there is an ancient law that means some house owners residing in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Coulsdon?
Unless a previous purchase of the premises took place after 12 October 2013 you can take it that solicitors delivering conveyancing in Coulsdon to remain encouraging a chancel search and or insurance against a claim.
I need to instruct a conveyancing solicitor for my conveyancing in Coulsdon. I've discover a site which appears to be the ideal solution If there is a chance to get all this stuff done via email that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?