Should conveyancers request money up-front when it comes to conveyancing in Droitwich Spa?
If you are buying a property in Droitwich Spa your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is as part of the sale price then this will be asked for immediately ahead of exchange of contracts. The closing balance that is needed should be sent to your lawyer shortly before completion.
We wanted to use a conveyancing solicitor in Droitwich Spa for our house move. Our broker has since advised us that our mortgage company Godiva Mortgages Ltd won't deal with them. Surely this is unfair competition?
Pre- 2008 most banks had an appetite for risk which was higher than today. Almost all Droitwich Spa conveyancing firms would have been on many bank panels. The financial services regulator in 2010 carried out a thematic investigation into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more information from law firms about their operations and their employees as well as establishing certain criteria such a completing on a minimum volume of transactions. Many Droitwich Spa conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Droitwich Spa is amongst the numerous locations where the lawyers showing on our search results are are authorised to act for Godiva Mortgages Ltd.
How does conveyancing in Droitwich Spa differ for newly converted properties?
Most buyers of new build property in Droitwich Spa approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Droitwich Spa tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Droitwich Spa or who has acted in the same development.
How does the Landlord & Tenant Act 1954 impact my commercial premises in Droitwich Spa and how can you help?
The 1954 Act provides security of tenure to commercial tenants, granting the right to apply to court for a new lease and continue in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Droitwich Spa is one of the numerous areas of the UK in which our lawyers are located
I am looking for a conveyancing solicitor in Droitwich Spa for my sale. Is there any facility to check a firm’s complaints history with the legal regulator?
Anyone can see presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training requirements.