My friend's brother is a solicitor. I suspect that I'll be able to get friends and family pricing for conveyancing, However if that does not come materialise, what kind of figure would I typically be looking at for conveyancing in East Finchley?
It’s wise to seek 3 or more like-for-like conveyancing estimates. Make use of our comparison tool on this page. You will notice that fees seem to vary but service levels do are distinct between law firms as is true with most professions.
I am buying a house mortgage free in East Finchley. I have been residing for the previous Seventeen years in East Finchley. Conveyancing searches are a lot of money. Given that I know the area and road intimately must I have all the conveyancing searches?
If you not getting a home loan, then almost all of the East Finchley conveyancing searches are optional. Your solicitor will 'advise', perhaps strongly, that you should have searches done, but she is duty bound to take that path of encouragement . One thing to consider; if you are likely to sell the house one day, it could be of interest to your future buyer what the searches reveal. Sometimes premises with no practical issues can still throw up unfavourable search results. A competent conveyancing solicitor in East Finchley should be able to give you some constructive guidance in this regard.
The East Finchley conveyancing firm that I appointed last week on my purchase in East Finchley have without warning closed. They were on acting for me because I had to have a solicitor on the Virgin Money conveyancing panel and my preferred East Finchley lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
If you have an estate agent involved then inform them immediately so that they can let the sellers know 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 should appoint new lawyers that are on the Virgin Money 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 solicitors may be able to assist.
I have decided to exercise my right to buy my property in East Finchley off the council. I have a mortgage offer with TSB. 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 use 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 TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
After much negotiation I have agreed a price on a house in East Finchley. My mortgage broker pressured me to appoint their property lawyer. I paid an upfront payment of £225. A couple of days later, the conveyancing practitioner contacted me to say that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am due to exchange contracts on my apartment. I had a double glazing fitted in November 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, TSB are being a right pain. The East Finchley solicitor who is on the TSB conveyancing panel is saying indemnity insurance will be fine but TSB are insisting on a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
It has been 3 months following my purchase conveyancing in East Finchley completed. 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 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.
As co-executor for the will of my uncle I am selling a property in Cardiff but reside in East Finchley. My solicitor (approximately 235 kilometers from mehas requested that I sign a stat dec before completion. Can you recommend a conveyancing lawyer in East Finchley to witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are East Finchley based
