As someone not used to conveyancing in Summertown what’s the number one tip you can give me concerning the ownership transfer in Summertown
You may not hear this from too many lawyers but conveyancing in Summertown and elsewhere in Oxfordshire is often a confrontational process. Put another way, when it comes to conveyancing there is lots of room for friction between you and others involved in the home moving process. E.g., the vendor, estate agent and even potentially the mortgage company. Appointing a law firm for your conveyancing in Summertown is a critical decision as your conveyancer is your adviser, and is the SOLE party in the process whose role it is to look after your best interests and to keep you safe.
We are witnessing a distinct increase of a "blame" culture- someone must be at fault for the process being so protracted. We recommend that you should always trust your solicitor above all other players in the home moving process.
What is your number one tip for finding a conveyancing solicitor in Summertown
Do not opt for the lowest Summertown conveyancing costs illustration. You really do get what you pay 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.
I have decided to exercise my right to buy my property in Summertown off the council. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I currently have a mortgage with Lloyds for my property in Summertown. Conveyancing has been completed 12 months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Lloyds?
Your original mortgage agreement with Lloyds will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. It may be that Lloyds will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. It should not be necessary to do this via a Lloyds conveyancing panel firm.
It has been 3 months following my purchase conveyancing in Summertown completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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.
Given that I am about to spend hundreds of thousands of pounds on a terraced house in Summertown I wish to talk to a solicitor about myhome move in advance of instructing the firm. Can this be arranged?
This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you liaising with the conveyancer due to be doing your conveyancing in Summertown.There is no ‘factory style conveyancing’ - every client is an important person, not a case number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Summertown should be the amount on the final invoice that you end up paying.
Do banks and building societies provide you with an approved list of Summertown solicitors? How do you know who is on the lender conveyancing panel?
Summertown law firm practices and firms carrying out conveyancing in Summertown themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the bank directly.