Why do I have to pay up front for my conveyancing in Water Orton?
If you are buying a property in Water Orton your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the total price then this should be asked for shortly ahead of contracts are exchanged. The closing balance that is due should be transferred shortly before completion.
My Conveyancer in Water Orton is not on the Lloyds TSB Bank Solicitor Panel. Can I still continue with my family solicitor even though they are not on the Lloyds TSB Bank list of approved lawyers?
The limited options open to you here include:
- Complete the purchase with your preferred Water Orton solicitors but Lloyds TSB Bank will need to instruct a solicitor on their panel. This will result in additional total conveyancing fees as well as result in delays.
- Choose an alternative practitioner to act in the purchase, remembering to check they are Convince your lawyer to use their best endeavours to join the Lloyds TSB Bank conveyancing panel
I got the keys to my house on 4 June and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Water Orton expressed confidence that it should be recorded in less than a month. Are transfers in Water Orton particularly slow to register?
As far as conveyancing in Water Orton is concerned, registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can vary according to who lodges the application, whether it is in order and whether the Land registry must send notices to any other parties. At present roughly 80% of submission are fully dealt with within two weeks but occasionally there can be extensive delays. Historically registration takes place once the buyer has moved in to the property thus 'speed' is not always top priority yet where there is a degree of urgency associated with the registration then you or your solicitor must contact the land registry and explain the circumstances.
My husband and I are 14 days into a leasehold purchase having been recommend to conveyancers by the high street agent to carry out the conveyancing in Water Orton. I am am extremely disappointed with the level of service. Could you help me find new lawyers?
They would have to be really poor in order to consider replacing them. Has the mortgage offer been generated? In the event that it has you need to advise them of the new lawyer and ensure the loan are issued to the new lawyers. Your new conveyancer should be on the mortgage company approved list to avoid added fees and complications. That should be your first question of the new conveyancers. The find a solicitor tool should assist you in finding a bank approved conveyancer for your home move in Water Orton
My wife and I recently become aware that one of the directors of the conveyancing practice acting on the purchase conveyancing in Water Orton is related to the vendor. Is this allowed?
Provided no conflict arises this is allowable. Where you are needing a mortgage then the mortgage company may have a say as many banks have specific requirements concerning this. For example for Coventry Building Society as of 19/1/2025, the requirements read as follows :