I have given 8 weeks notice to my existing landlord and have to leave my let out flat in Watford by the end of next month. Conveyancing on my purchase is progressing. How realistic is it to complete in a couple of weeks as don't want to have to move into temporary accommodation?
It is unwise to provide notice for your lease unless your lawyer suggests that you should. Assuming that you have not already done so, notify to your solicitor and request that they cajole the other solicitors, try to a target completion date that everyone will look towards
My husband and I intend to purchase a purpose built apartment in Watford with a homeloan from Barclays Direct.We like our Watford conveyancing solicitor but Barclays Direct says his firm is not on their approved list of firms. It seems we have little choice but to instruct a Barclays Direct panel solicitor or keep our local solicitor and pay for a Barclays Direct panel lawyer to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan issued to you is subject to its various provisions, one of which will be that solicitors must be on the Barclays Direct approved list. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Barclays Direct
Is it the case that all Watford conveyancing solicitors on the Leeds Building Society conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Leeds Building Society approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do permit licenced conveyancers on their panel and in that case the organisation would be overseen by the Council of Licensed Conveyancers.
We had appointed conveyancers with offices in Watford on the Bank of Ireland solicitor approved list. They are now charging me a further charge for the legal aspects of the Bank of Ireland mortgage. Is this an additional conveyancing fee set by Bank of Ireland?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your conveyancing practitioner may levy a fee for this. This charge is not set by Bank of Ireland but by your Watford property lawyer. Numerous firms on the Bank of Ireland panel will levy an ‘acting for lender’ fee but many practices incorporate it on their overall fee.
Intending to buy a house in Watford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS 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 Watford conveyancer is on the RBS conveyancing panel.
How does conveyancing in Watford differ for new build properties?
Most buyers of new build or newly converted property in Watford contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because new home sellers in Watford usually acquire 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 conveyancing solicitors 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 Watford or who has acted in the same development.
My brother has urged me to appoint his conveyancers in Watford. Should I choose my own property lawyer?
There are no two ways about it the ideal way to choose a conveyancing lawyer is to have recommendations from friends or family who have used the conveyancer that you are contemplating using.
Me and myhusband and I are in the market for a value for money conveyancing solicitor in Watford to help me sell my home. I I am concerned about by bill escalating out of control but with lots of Watford conveyancing solicitors to pick from...who's the best?
An unbiased personal recommendation via someone who has used a conveyancing lawyer previously is no doubt a best. You are likely to know someone who has used a conveyancing lawyer previously. Do make the most of our comparison tool for Watford conveyancing quotes