Just contacted my conveyancing lawyer in Suffolk who conducted the legals two years ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold property) of almost identical values with a loan from The Royal Bank of Scotland. It looks as though am now being quoted twice the amount. Better the devil I know or should I try and find an alternative conveyancer?
The estimate does seem a tad steep. If you you were to look around you might decrease the fees slightly by perhaps £125. That being said, if you were happy with the service the firm gave you couldcome to rue choosing an an untested conveyancer. If is important to ensure that the firm can act for The Royal Bank of Scotland. You can employ our search tool to select a Suffolk conveyancing firm on the The Royal Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Suffolk.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to use a Suffolk based conveyancing firm?
Do check but the chances are that give you one of their panel conveyancers should you accept the "fee-free" deal. Contact the bank and check if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Suffolk.
This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Suffolk. Do I pick up the keys to the premises on completion from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in Suffolk?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be invited to receive the keys from the property Agents and move into your new home. This tends to happen early afternoon.
My partner and I have organised the release of further monies on our home loan from Barclays as we wish to conduct renovations to our property in Suffolk. Do we need to appoint a nearby Suffolk solicitor on the Barclays conveyancing panel to deal with the paperwork?
Barclays do not ordinarily appoint firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays conveyancing panel.
Intending to buy a maisonette in Suffolk. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Suffolk conveyancer is on the Virgin Money conveyancing panel.
How does conveyancing in Suffolk differ for new build properties?
Most buyers of new build residence in Suffolk contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Suffolk usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Suffolk or who has acted in the same development.
Taking into account that I am about to part with £400,000 on a terraced house in Suffolk I wish to talk to a solicitor about myhouse move ahead of instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be doing your conveyancing in Suffolk.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Suffolk should be the amount on the final invoice that you are charged.