We hired a high street solicitor for our conveyancing in Potters Bar yesterday. After carefully reading the terms of engagement I notewe are responsible for charges even where the transaction does not complete. Would I be best advised to appoint an internet firm promising no-sale-no-fee conveyancing in Potters Bar?
It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the conveyancing charges will generally be more expensive to counteract the cases that do not proceed. Dont forget that such promotions rarely cover expenditure such your Potters Bar conveyancing search fees.
IfI was to purchase a straightforward housein Potters Bar mortgage fee and have no survey and no conveyancing searches how much should I expect to to save on my conveyancing in Potters Bar?
Any savings you would achieve would be limited to the costs for searches. The conveyancing practitioner is required to do the vast majority of work - money laundering, communicating with the sellers conveyancing practitioner, stamp duty return, register the title etc. A slight saving might be made by not having to register a charge however it will not be meaningful.
It is 10 years ago since I acquired my house in Potters Bar. Conveyancing solicitors have recently been retained on the sale but I can't find the title documents. Is this a problem?
You need not be too concerned. First the deeds may be kept by your lender or they may be in the possession of the lawyers who handled your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. The vast majority of conveyancing in Potters Bar relates to registered property but in the rare situation where your home is unregistered it adds to the complexity but is resolvable.
I moved into my apartment on 13 October and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Potters Bar expressed confidence that it will be recorded in a couple of weeks. Are properties in Potters Bar uniquely lengthy to register?
As far as conveyancing in Potters Bar is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timescales can differ depending on the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd persons or bodies. Currently in the region of three quarters of submission are completed in less than three weeks but occasionally there can be extensive delays. Registration occurs after the new owner is living at the property therefore an expedited registration is not always primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the input of my in-laws I had a survey completed on a property in Potters Bar ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some banks may not grant a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Potters Bar. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Potters Bar to see if the conveyancing costs will increase in light of this.
I need to retain a conveyancing solicitor for residential conveyancing in Potters Bar. I happened to chance upon a site which looks to be the perfect offering If it is possible to get all this stuff done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?