Please could you vouch for a Yorkshire Building Society approved Aldgate conveyancing lawyer that can complete within under 3 weeks? Am I best advised to unstruct a local Aldgate practice or an online comparison site?
We can recommend some very good Aldgate conveyancing firms. You can also walk up the main road in Aldgate. Approach two or three law practices and ask to see a conveyancing solicitor for a costs illustration. Discuss your expectations together with your reasons and get an assurance on speed. Appoint the one that genuine.
We are buying a house in Aldgate. It might be a silly question but how we can trust a conveyancer? At some point we have to send money into their account. What is the protection we have from them run away with our money?
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.
I have decided to exercise my right to buy my property in Aldgate off the council. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
After what feels like an age I have had an offer on a flat in Aldgate agreed to, but there is a chain. The vendors have offered on somewhere, however it’s not been accepted yet, and are looking at other flats booked. I have chosen a local conveyancing solicitor in Aldgate. What do I do now? At what point should I apply for the mortgage with Virgin Money?
It is usual to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is approx £1k, then valuation, Aldgate conveyancing search costs, etc). First, you must ensure that your lawyer is on the Virgin Money approved list. Regarding the subsequent stages this very much dictated by the specifics of your transaction, motivation for the property and on the state of the market. During a hot market the majority of buyers would apply for a home loan with Virgin Money and pay for the valuation and only if it was satisfactory would they ask their solicitor to proceed with the conveyancing in Aldgate.
Various internet forums that I have visited warn that are a common cause of delay in Aldgate house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Aldgate.
It has been three months since my purchase conveyancing in Aldgate concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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.
I opted to have a survey carried out on a house in Aldgate ahead of appointing conveyancers. I have been told that there is a flying freehold element to the property. My surveyor advised that some lenders will not grant a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Aldgate. Conveyancing will be smoother if you use a solicitor in Aldgate especially if they are familiar with such properties in Aldgate.
In surfing the internet for the phrase on line conveyancing in Aldgate it brings up many property lawyersin the vicinity. How do I determine which is the suitable solicitor for purchase transaction?
The best method of choosing a suitable conveyancer is via personal referral, so ask friends and those you trust who have acquired a property in Aldgate or a respected estate agent or financial adviser. Charges for conveyancing in Aldgate vary, so it's advisable to request at least three fee estimates from varying types of solicitors. Make sure that you clarify that the fees are fixed.