My previous lawyer has sent a quote for £995 for no completion no fee conveyancing in Crouch End. I am hoping to sell a newly refurbished property for £125,000. Is this expensive? Is it above the average fee for conveyancing in Crouch End?
The estimate does seem marginally overpriced. If you shop around you might decrease the fees slightly by as much as £125. That being said, you couldlive to rue opting for an an unknown lawyer. If is important to ensure that the solicitor can represent your lender. You can employ our comparison tool to get a quote a Crouch End conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Crouch End.
Are the Crouch End conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Crouch End conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
The Crouch End conveyancing firm that I recently instructed on my purchase in Crouch End have suddenly closed. They were on acting for me because I needed a lawyer on the Yorkshire BS conveyancing panel and my family Crouch End lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Yorkshire BS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
It has been 3 months since my purchase conveyancing in Crouch End concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 property 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.
Do I need to be wary that estate agents that I am dealing with are encouraging me to use a web based conveyancing firm rather than a High Street Crouch End conveyancing firm?
As with many service providers, often suggestions from connections can be worth their weight in gold. But there are numerous players in a conveyancing deal; estate agents, financial adviser and banks may put forward conveyancers to appoint. Sometimes these solicitors might be known to one of the organisations as being good in their field, but occasionally there behind the scenes commercial relationship behind the endorsement. You have the right to choose your preferred conveyancer. You need to be aware that some banks specify a panel list of law firms you must use for the mortgage related work in your conveyancing.
My father has suggested that I instruct his conveyancers in Crouch End. Do I take his guidance?
There are no two ways about it the ideal way to select a conveyancing solicitor is to have guidance from friends or family who have experience in using the solicitor you're are thinking of instructing.