The lawyer who assisted with my former purchase has sent a quote for £1350 for no move no fee conveyancing in Clerkenwell. I’m hoping to downsize from a newly refurbished property for £250,000. Is this overpriced? Is it above the average fee for conveyancing in Clerkenwell?
The estimate does seem a tad steep. If you shop around you may be able to reduce the fees slightly by say £100 plus VAT. On the other hand, you couldcome to rue opting for an an untested conveyancer. Don't forget to ensure the conveyancer can represent your mortgage company. You can employ our comparison tool to find a Clerkenwell conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Clerkenwell.
My wife and I are buying a brand new duplex in Clerkenwell and my conveyancer is advising me that she is duty bound to the bank to disclose incentives from the developer. I am on a tight deadline to exchange and I don't want to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a mortgage company 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.
I require quick conveyancing in Clerkenwell as I have a deadline to sign on the dotted line in less than 2 weeks. A home loan is not required. Can I avoid the conveyancing searches to save fees and time?
As you are not obtaining a mortgage you have the choice not to have searches conducted although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Clerkenwell the following are examples of what can arise and adversely affect the marketability of the property: Enforcement Actions, Outstanding Charges, Overdue Grants, Road Schemes,...
The deeds to my property can not be found. The lawyers who dealt with the conveyancing in Clerkenwell 10 years ago are no longer around. What are my next steps?
Assuming the title is registered the information relating to your proprietorship will be evidenced by the Land Registry under a Title Number. It is possible to perform a search at the Land Registry, locate your property and get current copies of the Registered Entries for less than a fiver. If the property is Leasehold then the Land Registry will usually retain a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
I am buying a new build apartment in Clerkenwell. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Clerkenwell
-
Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants.
I am thinking of appointing a conveyancing solicitor in Clerkenwell for my home move. Is it possible to review a firm’s record with the profession’s regulator?
You can find documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator may monitor telephone calls for training requirements.