We are purchasing a brand new flat in Barnet and my conveyancer is telling me that she has to the bank to reveal incentives from the seller. I am nearing the developer’s deadline to exchange contracts and I don't want to delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Having sold my house in Barnet last August but our buyer keeps texting every few hours complaining that his solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
Following your sale your lawyer should deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your solicitor should also confirm that the home loan has been discharged to the purchasers solicitors. There is unlikely to be post completion formalities specific conveyancing in Barnet.
We're in Barnet, First timers purchasing with a mortgage (lender is Barclays , and our solicitor is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
What is the difference between a licensed conveyancer and conveyancing solicitor in Barnet
There are two types of lawyers who can carry out conveyancing in Barnet namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the disposal or purchase of property. Both are duty bound to carry out Barnet conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be professionally administered and that the requirements and steps will be correctly adhered to.
When it comes to lenders such as Bank of Ireland, do Barnet lawyers have to pay a fee to be on the list of approved solicitors?
We are unaware of any mortgage company fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Can I be sure that the Barnet conveyancing solicitor on the Coventry BS panel is any good?
When it comes to conveyancing in Barnet obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your transaction.
My husband and I are first time buyers - agreed a price, but the agent advised that the owners will only issue a contract if we instruct their chosen solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Barnet
It is highly unlikely the sellers are driving this. If they want ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and explain that (a)you are motivated buyers (b)you are excited to move forward, with finances arranged © you are chain free (d) you wish to move quickly (e)but you will continue to use your preferred Barnet conveyancing lawyers - not the ones that will provide the estate agent a kickback or hit his conveyancing thresholds pre-set by HQ.
I am contemplating instructing a web based conveyancer rather than a Barnet conveyancing firm. Should I ‘stay local’?
Advantages do exist in having the option visit a local Barnet conveyancing solicitor for instance
- signing papers and and when necessary
- having face-to-face explanations of issues you don't understand
- the ability to raise concerns if matters need to addressed
When analysing quotes, look out for hidden extras. Most decent Barnet high street solicitors give an all-inclusive figure. Often online companies appear to offer discounted prices, but have burried 'extras' in the small print.