I am not in a position to travel far from Park Royal. What is the rationale as to why all Park Royal lawyers are not on all lender panels?
Even though it may seem unfair for lenders to limit who can act for them, from the public’s or lawyer’s viewpoint, the the contrary view is that lending institutions are becoming ever more anxious and regard it imperative to defend themselves from mortgage fraud. As a consequence of this concern banks are limiting their conveyancing panel to a size that they are happy to control.
We note that you have a search directory listing firms on the Bank of Ireland conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Park Royal?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Park Royal.
If you had a top tip for choosing a conveyancing solicitor in Park Royal what would it be?
It would be unwise to be seduced by the cheapest Park Royal conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
When it comes to mortgage companies such as TSB, do Park Royal conveyancing practitioners face an annual charge to be on the conveyancing panel?
We are unaware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Is there a list of HSBC panel solicitors in Park Royal on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few banks make their panel listings available over the internet. If you are looking for a Park Royal conveyancer on the HSBC please use our facility.
Have purchased a a semi-detached house in Park Royal , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Park Royal conveyancing solicitor has been painfully slow, so I want to be certain that my ownership is recorded.
As far as conveyancing in Park Royal is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any 3rd parties. At present approximately three quarters of such applications are fully dealt with within 12 days but some can be subject to longer hold-ups. Registration occurs after the buyer has moved in to the premises so 'speed' is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.
I am using a search engine for the words cheap conveyancing in Park Royal it shows results of numerous conveyancersin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?
The preferential method of finding the right conveyancer is via personal testimonial, so seek the opinion of colleagues and those you trust who have bought a property in Park Royal or a local estate agent or mortgage broker. Charges for conveyancing in Park Royal differ, so it's a good idea to secure a minimum of four fee estimates from varying types of companies. Be sure to seek confirmation that the fees are fixed.
What advice can you give us when it comes to choosing a Park Royal conveyancing practice to carry out our lease extension conveyancing?
When appointing a solicitor for lease extension works (regardless if they are a Park Royal conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Park Royal conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be of use:
What are the costs for lease extension work? How many lease extensions has the firm carried out in Park Royal in the last 12 months?
I am the leaseholder of a ground flat in Park Royal. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
Absolutely. We are happy to put you in touch with a Park Royal conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Park Royal residence is 99 Connell Crescent in May 2013. the Tribunal held that the relevant sum for the purposes of the lease extension should be £72,566 to be paid by the leaseholder This case was in relation to 1 flat. The unexpired lease term was 28.42 years.