I am not in a position to travel far from Addington. I would like to know the reason why all Addington solicitors are not on all mortgage company panels?
Before the recession most mortgage companies had an approach to risk which differs from the current day. The FSA in 2010 conducted a thematic review into fraud which concluded: know the conveyancers on your panel. Consequently, lenders have subsequently requiredmore information from law firms regarding their processes and the staff employed by them and set certain criteria such as completing a minimum volume of transactions. Many firms have been excluded from lender panels even though they had an exemplary track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible satisfy the minimum amount of transactions the mortgage companies required.
How up to date is your search tool for Addington conveyancing solicitors on the Nottingham conveyancing panel? Do Nottingham send you an updated list?
Addington conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
It has been 2 months since my purchase conveyancing in Addington concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What makes your site different to alternative web based conveyancing brokers when it comes to conveyancing in Addington?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Addington. Unlike many estate agents and many comparison sites we do not operate commission deals with solicitors. Some agents and online brokers 'recommend' the firm that pays the most commission, not the best value conveyancing in Addington
Should I use a Addington conveyancing solicitor based in the location that I am purchasing? We have a good friend who can perform the legal formalities but they are based 400miles away.
The primary upside of using a local Addington conveyancing practice is that you can visit the firm to execute paperwork, hand in your identification documents and pester them where appropriate. Having local Addington know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If you know people who used your friend and in the main were impressed that should surpass using an unfamiliar Addington conveyancing lawyer just because they are Addington based.
My husband is buying a leasehold flat in Addington. Conveyancing estimates are averaging around £1700. Is that reasonable?
The average cost in 2014 for conveyancing in Addington was £1,395 not including Land Tax and Land Registry fees.