Why would one use a St Luke's conveyancing company given that internet based alternatives are so much cheaper?
Its a good idea to get 2 or 3 like-for-like quotes for conveyancing costs in St Luke's and you should seek an affordable fee calculation but don’t expend your energy searching for the cheapest St Luke's conveyancer. Identifying the right conveyancer can be the distinction between a smooth and a stressful house move. It is important that you ensure that you have expert guidance from a trusted lawyer. An e-mail can never replace a phone discussion and can never replicate a one to one consultation. Our partner firms will appoint you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from beginning to end, giving the sort of hand holding that you are unlikely to received from an online conveyancer. He or She will update you on progress making sure that you are ensuring that you are updated at regular intervals. Should it ever be necessary to contact the office you will know who you need to speak to and they will endeavour to make sure that you are kept fully informed.
We are nearing an exchange on a property in St Luke's and my parents have sent the 10% deposit to my property lawyer. I am now advised that as the deposit has not arrived from me my solicitor needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the mortgage company about my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The lawyer is legally required to check with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
As a novice what is the most important piece of guidance you can impart concerning purchase conveyancing in St Luke's?
You may not hear this from too many lawyers but conveyancing in St Luke's or throughout North London is often a confrontational experience. Put another way, when it comes to conveyancing there exists an abundance of opportunity for friction between you and other parties involved in the house moving process. For example, the vendor, estate agent and even potentially a lender. Selecting a law firm for your conveyancing in St Luke's should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the legal process whose responsibility is to act in your legal interests and to keep you safe.
On occasion a third party with a vested interest may attempt to convince you that you should follow their advice. As an example, the estate agent may claim to be helping by claiming that your solicitor is slow. Or your financial adviser may try to convince you to do take action that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the home moving process.
Various web forums that I have come across warn that are the number one reason for stalling in St Luke's house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in St Luke's.
I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in St Luke's for a purchase of a freehold house 9 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest way to check if the property 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 St Luke's conveyancing specialists.
I was recommended by a number of selling agents in St Luke's to locate a conveyancer on your site. What’s the financial inducement for Estate Agents to promote your lawyers rather than a competitor’s?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.