I have just started taking steps with the intention of switching my current residential mortgage to a Buy to Let Barclays mortgage. I was told by my financial advisor that I need a conveyancer as part of the process. I spoke to my former Leicester conveyancing firm who dealt with the legals when I originally bought the property. The fee calculation issued of £500 has surprised me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a tad overpriced. If you you were to look around you might shave off some of the cost by as much as £125. On the other hand, if you were content with the legal work the firm provided you couldcome to regret choosing an a cheaper lawyer. Remember to check that the conveyancer can act for Barclays . Do use our search tool to select a Leicester conveyancing firm on the Barclays approved list of lawyers, which can often include conveyancing solicitors in Leicester.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Leicester is where the house is located. Is there any advice you can impart?
Flying freeholds in Leicester are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leicester you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leicester may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to change solicitor as I have to choose a firm on the Norwich and Peterborough Building Society conveyancing panel. I hired a family conveyancing solicitor in Leicester five minutes from me but the firm is not accepted by Norwich and Peterborough Building Society
It would be our pleasure to help you find a conveyancing solicitor in Leicester on the Norwich and Peterborough Building Society panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Leicester. Using the find a conveyancing solicitor tool on this website, you can contrast costs for conveyancing solicitors in Leicester and throughout England and Wales.
My father-in-law has recommend that I instruct his conveyancing solicitors in Leicester. Do I follow his guidance?
No doubt the best way to select a conveyancing solicitor is to have referrals from friends or relatives who have experience in using the conveyancer you're contemplating using.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.