Just been in touch with my conveyancing solicitor in Salisbury who conducted the legals two years ago and wanted a conveyancing costs illustration based on the same type of home move (a leasehold residence and a freehold property) of almost identical values with a home loan from Barnsley Building Society. It looks as though am now being charged double. Am I right to be tempted to shop around for a cheaper online firm of conveyancing solicitor?
The costs illustration is fractionally on the high side. If you are willing to spend time comparing costs you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, if you were pleased with the legal work the firm offered you maylive to regret choosing an an unknown conveyancer. Remember to be sure that the firm can act for Barnsley Building Society. Do use our search tool to find a Salisbury conveyancing firm on the Barnsley Building Society approved list of lawyers, which can often include conveyancing solicitors in Salisbury.
I am approaching an exchange on a flat in Salisbury and my mum and dad have transferred the 10% deposit to my solicitor. I am now told that as the deposit has not arrived from me my property lawyer needs to disclose this to my lender. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?
Your solicitor is legally required to clarify with lender to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Having invested time looking at mumsnet.com for a cheap lawyer in Salisbury, many say that I must instruct a CQS kitemarked solicitor. What is CQS?
Salisbury Conveyancing Quality Scheme solicitors have been granted certification by the law Society CQS was brought about to promote high standards in the in the legal transfer of properties. CQS enables consumers to recognise solicitor firms who provide a quality residential conveyancing. Salisbury is one of the many areas in England and Wales in which accredited firms have a presence. The scheme obliges law firms to undergo a strict assessment, compulsory training, self-reporting, random audits and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Building Societies Association.
Due to the guidance of my in-laws I had a survey completed on a property in Salisbury before appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders may not grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Salisbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Salisbury to see if the conveyancing costs will increase in light of this.
I have checked 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 mortgage company 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.