We were about to instruct a conveyancing solicitor in Mumbles endorsed on your site but have come across some other estimates on the internet appear less pricey – why is this?
One can find numerous conveyancers advertising what appear to be cut price. You should think twice as to how much you respect your own move to you are willing to be penny wise pound foolish concerning the quality of the legal work. Many of them accentuate a cheap quote as a headline but hide additional charges in the fine print..
The owners have very brash vendors who has recommended a preliminary agreement with a non-refundable deposit 6,000. Is it wise to enter into such agreements?
This form of contract isn't frequently used in Mumbles, conveyancers are not keen on them as they divert attention from the primary objective, namely conveyancing and if you end up losing your deposit then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no assurance that just because the seller has signed an exclusivity agreement they will sell to you. They may breach the contract if they are offered a large enough offer to do so because a wronged party with the benefit of a lockoutcontract will still have to establish consequential losses from the breach and these may not amount to the extra amount that your seller may gain by reneging on the contract, however morally condemnable it undoubtedly is.
We see that you have a post code search directory identifying solicitors on the Leeds Building Society conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Mumbles?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Mumbles.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel solicitor as I would much rather appoint a high street conveyancing solicitor in Mumbles?
Do check but the chances are that give you one of their panel conveyancers should you want the "fee-free" offer. Speak to the lender and explore if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Mumbles.
I decided to have a survey done on a house in Mumbles ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some banks will not give a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements from Halifax. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Mumbles. Conveyancing will be smoother if you use a solicitor in Mumbles especially if they are acquainted with such properties in Mumbles.