Our family lawyer has sent a quote for £1200 for fixed fee conveyancing in South Hackney. I’m hoping to downsize from a Georgian detached home for £275,000. Are the quoted fees excessive? Is it in excess of what I should be paying for conveyancing in South Hackney?
The charges are a tad high. If you shop around you could shave off some of the expense by as much as £100 plus VAT. On the other hand, you couldcome to regret opting for an an unknown lawyer. Don't forget to check that the solicitor can act for your lender. Do make use of our search tool to select a South Hackney conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in South Hackney.
Why is leasehold purchase conveyancing in South Hackney is more expensive?
In short, leasehold conveyancing in South Hackney and elsewhere usually warrants additional due diligence compared to freehold transactions. This includes lease investigation, corresponding with the landlord about the service of applicable notices, obtaining current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
We wanted to use a conveyancing solicitor in South Hackney for our house move. Our financial adviser has since notified us that our mortgage lenders Clydesdale won't deal with them. Surely this is unduly restrictive?
Before the recession most banks had an appetite for risk which was higher than today. Almost all South Hackney conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 completed a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms regarding their operations and their employees as well as set certain criteria such a completing on a minimum amount of transactions. Many South Hackney conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. South Hackney is amongst the thousands of locations where the solicitors showing on our search results are members of the panel for Clydesdale.
I have recentlybeen informed that Stirling Law have been shut down. They conducted my conveyancing in South Hackney for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of South Hackney conveyancing specialists.
Is it possible to change solicitor as I need to find a firm on the Barnsley Building Society conveyancing panel. I instructed a local conveyancing solicitor in South Hackney five minutes from me but she is not accepted by Barnsley Building Society
We will our best to assist in finding you a conveyancing solicitor in South Hackney on the Barnsley Building Society panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in South Hackney. In utilising the find a conveyancing solicitor tool on this page, you can compare costs for conveyancing solicitors in South Hackney and beyond.
A conveyancing firm handled my conveyancing in South Hackney three years ago and was holding my registration certificates but has since been shut down – What can I do to get hold of them?
Deeds, as such, no longer exist as the majority of homes in South Hackney are recorded electronically at Land Registry. Where you need to prove ownership or are disposing of or re-mortgaging your property lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.