We are buying a house in Broadclyst. I might seem paranoid but how we can trust a lawyer? At some point we will need to deposit money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Broadclyst conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Broadclyst seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your conveyancing.
Last month we had a mortgage agreed in principle with Nationwide. Broadclyst conveyancing practitioners have been selected. How long does it take for Nationwide to issue the offer to the lawyer?
There is no definitive answer here. Have Nationwide done the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Various web forums that I have visited warn that are the primary reason for hinderance in Broadclyst conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Broadclyst.
I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Broadclyst for a purchase of a leasehold flat 18 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The easiest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Broadclyst conveyancing specialists.
We are four weeks into a residential purchase having been directed to a firm by the high street agent to perform conveyancing in Broadclyst. I am not happy. Can you you assist me in finding new solicitors?
A lawyer would need to be really bad to suggest changing them. Has your mortgage offer been generated? If so you need to advise them of the replacement lawyer and ensure the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the lenders approved list to avoid supplemental costs and delays. That should be your first question of the new conveyancers. The find a solicitor tool can assist you in finding a bank approved solicitor for your conveyancing in Broadclyst
My wife and I have instructed a Broadclyst conveyancing solicitor for our house purchase (first time buyers) and have spotted in the Ts and Cs that they are not governed by the FCA. Am I right to be concerned or is that usually the case with conveyancer?
We can't see why they should be. Most conveyancing practitioner don't lend money. They should be regulated by the Solicitors Regulation Authority, who have strict obligations regulating funds held in their bank.