My family solicitor has given a fee estimate £995 for no move no fee conveyancing in Catford. I am hoping to downsize from a newly refurbished property for £300,000. This appears expensive. Is it in excess of what I should be paying for conveyancing in Catford?
The costs illustration is fractionally on the high side. Where you are willing to spend time contrasting prices you could decrease the fees slightly by as much as £125. On the other hand, you mightlive to rue opting for an an untested conveyancer. If is important to enquire that the conveyancer can represent your mortgage company. You can make use of our search tool to select a Catford conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Catford.
We have rather brash sellers who has insisted on a preliminary contract with a down payment 6,000. Are such contracts appropriate for Catford conveyancing transactions?
This form of preliminary agreement isn't common in Catford, conveyancers are often inclined to veer clients away from them as they detract from the primary objective, namely conveyancing and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. In addition, there is no guarantee that just because the seller has executed a lock out agreement they will sell to you. They may be motivated to break the agreement if they are offered sufficient offer to do so because a wronged buyer with the benefit of a lockout agreement will still be legally obliged to show losses as a consequence of the breach and these may not equalise the financial benefit that the owner may secure by breaking the contract, no matter how morally reprehensible it undoubtedly is.
Can you point me to a directory of Barclays panel conveyancers in Catford on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few lenders make their panel listings available over the internet. Where you are looking for a Catford solicitor on the Barclays please use our facility.
My fiancee and I are in the process of looking at apartments in Catford and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a mortgage with Coventry BS.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are seeking a mortgage with Coventry BS, ask your prospective lawyers if they are on the Coventry BS conveyancing panel otherwise they can't do the mortgage legal work.
I have today made my last payment due on my mortgage with Lloyds. I assume I don't need a Catford property lawyer on the Lloyds panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
I require expedited conveyancing in Catford as I have pressure to sign on the dotted line within 4 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are are a cash purchaser you have the choice not to have searches carried out although no law firm would suggest that you don't. With lots of history conveyancing in Catford the following are instances of issues that can be revealed and therefore impact future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Road Schemes,...
I own a terraced Edwardian house in Catford. Conveyancing lawyer represented me and Aldermore. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Catford and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing lawyer who conducted the work.
My husband and I are a fortnight into a leasehold purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Catford. I am am very dissatisfied with the level of service. Can you help me find new conveyancers?
A conveyancer would need to be really poor in order to consider replacing them. Has your mortgage been sent? If so you will need to advise them of the replacement solicitor and get the offer are issued to the new lawyers. Your new conveyancer should be on the lenders approved list to avoid supplemental costs and frustration. That should be your starting point. Our search tool should assist you in finding a bank approved conveyancer for your home move in Catford