I am not in a position to travel far from Falconwood. What is the rationale as to why all Falconwood conveyancers are not on all mortgage company panels?
Mortgage companies highlight the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The elimination of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. This led to banks and building societies purging less reputable firms from their books of approved lawyers .
Should conveyancers request an advanced payment for conveyancing in Falconwood?
Where you are retaining lawyers for conveyancing in Falconwood your lawyer will ask you place them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the sale price then this will be asked for immediately before contracts are exchanged. The final balance that is needed should be transferred a few days prior to the completion date.
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial property in Falconwood?
Many commercial conveyancing solicitors in Falconwood will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Falconwood. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Falconwood.
For each commercial conveyancing transaction in Falconwood it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Falconwood commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Falconwood.
I was advised by numerous estate agents in Falconwood to choose a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your lawyers over another?
We refuse to offer any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Am I best advised to go with a Falconwood conveyancing solicitor in close proximity to the house I am purchasing? We have a good friend who can conduct the legal work but his firm is located 200miles away.
The primary upside of using a high street Falconwood conveyancing practice is that you can pop in to execute paperwork, hand in your ID and pester them if necessary. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and they were impressed that must surpass using an unfamiliar Falconwood conveyancing lawyer solely due to them being Falconwood based.
Can you offer any advice when it comes to choosing a Falconwood conveyancing firm to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Falconwood conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Falconwood conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
If the firm is not ALEP accredited then why not? Can they put you in touch with clients in Falconwood who can give a testimonial?
I have given up trying to purchase the freehold in Falconwood. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Falconwood conveyancing firm who can help.
An example of a Lease Extension decision for a Falconwood premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.