Why is leasehold purchase conveyancing in Frognal costs more?
Frognal leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
It has been three months following my purchase conveyancing in Frognal concluded. I have checked the Land Registry site which shows that I paid £200,000 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'm purchasing a new build house in Frognal benefiting from help to buy. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not to tell my conveyancer about this deal as it could affect my mortgage with Halifax. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is it possible to swap firm as I have to instruct a firm on the National Westminster Bank conveyancing panel. I hired a high street conveyancing solicitor in Frognal five minutes from me but she is not accepted by National Westminster Bank
It would be our pleasure to assist you find a conveyancing solicitor in Frognal on the National Westminster Bank panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Frognal. In utilising the find a conveyancing solicitor tool on this site, you can contrast charges for conveyancing solicitors in Frognal and beyond.
I am thinking of appointing a conveyancing solicitor in Frognal for my house move. Can I review a firm’s record with the legal regulator?
Anyone may search for documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA sometimes monitor call for training purposes.
I am contemplating appointing an online conveyancer as opposed to a Frognal conveyancing practice. Should I ‘stay local’?
Advantages do exist in being able to visit a local Frognal conveyancing solicitor for instance
- signing papers same day
- often being able to speak to someone face-to-face can make a huge difference, particularly for non-standard transactions
- the ability to complain if matters are not going as expected
When analysing estimates, look out for hidden extras. The majority decent Frognal high street solicitors give an all-inclusive figure. Often online agents appear to offer cheap fees, yet have burried 'extras' in the small print.