My friend's dad is a solicitor. I anticipate that I'll be able to get preferential pricing for conveyancing, However if that does not come through, what level of costs should I be expecting for conveyancing in Croxley Green?
It’s sensible to seek two or three conveyancing estimates. Make use of our search tool on this page. The fees do be different but service levels do differ between property lawyers as is true with the vast majority of professional services.
We see that you have a post code search directory listing firms on the UBS conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Croxley Green?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Croxley Green.
We wanted to use a property lawyer in Croxley Green for our house purchase. Our broker has since notified us that our mortgage lenders Godiva Mortgages Ltd won't deal with them. Surely this is unduly restrictive?
A decade ago most mortgage companies had a different appetite for risk. Almost all Croxley Green conveyancing firms would have been on most bank panels. The Financial Services Authority in 2010 carried out a thematic investigation into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms concerning their operations and the individuals who work for them and establishing certain criteria such a completing on a minimum number of conveyancing. Many Croxley Green 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. Croxley Green is one of the hundreds of locations where the conveyancers showing on our search results are on the panel for Godiva Mortgages Ltd.
three months have elapsed following my purchase conveyancing in Croxley Green concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What is different about your site and alternative web based conveyancing solicitors for conveyancing in Croxley Green?
At this site get a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Croxley Green. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your property ownership legalities in Croxley Green
Our lawyer in Croxley Green has identified a a problem with the lease for the flat we are purchasing in Croxley Green. The seller’s lawyers have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor says that as he is on the bank conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the lender approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.