We were about to instruct a conveyancing solicitor in Farnborough listed using your comparison tool but stumbled across alternative fee calculations on the internet appear less expensive – how come?
One can find plenty of websites advertising self styled cheap conveyancing, unfortunately it’s common in such cases for additionalcosts result in the closing fee being escalated. According to the Legal Ombudsman fees set out in terms and conditions should be fair and reasonable and be applied The conveyancers that we put forward for conveyancing in Farnborough specify all legal fees for a standard conveyancing case.
In what way does my ID and proof of funds have anything to do with my conveyancing in Farnborough? Is this really warranted?
Farnborough conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).
Evidence of source of funds is also necessary under the money laundering regulations as solicitors are duty bound to check that the money you are utilising to acquire a property (be it the exchange deposit or the total purchase price where you are a cash purchaser) has come from legitimate source (such as an inheritance) rather than the proceeds of criminal activity.
Our bank has recommended solicitors on their panel based in Farnborough but I would rather instruct a conveyancing lawyer in Farnborough round the corner to me. Are you able to help?
Far from all Farnborough conveyancing practices are approved and listed on all banks conveyancing panel. Use our search tool to choose a Farnborough conveyancing conveyancer on the on the mortgage company panel.
Is it the case that all Farnborough conveyancing solicitors on the UBS conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the UBS approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. The majority of lenders do list licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
We previously appointed conveyancing lawyers locally in Farnborough on the Leeds Building Society solicitor panel. They have just invoiced me an additional fee for the legal aspects of the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor is entitled to levy a fee for this. The charge is not set by Leeds Building Society but by your Farnborough conveyancing practitioner. Plenty of firms on the Leeds Building Society panel will levy ’dealing with mortgage’ fee but some practices include it on their overall fee.
Completion of my remortgage has taken place for my property in Farnborough. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I am looking for a conveyancing practitioner in Farnborough for my house move. Is there any facility to see a solicitor's complaints history with the legal regulator?
You can search for published Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
I only have Seventy years unexpired on my flat in Farnborough. I need to get lease extension but my freeholder is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you have used your best endeavours to locate the landlord. On the whole a specialist may be helpful to try and locate and prepare a report to be accepted by the court as evidence that the landlord can not be located. It is advisable to get professional help from a solicitor both on devolving into the landlord’s disappearance and the application to the County Court covering Farnborough.
I inherited a leasehold flat in Farnborough, conveyancing having been completed in 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Farnborough with an extended lease are worth £255,000. The average or mid-range amount of ground rent is £45 levied per year. The lease terminates on 21st October 2098
With 73 years unexpired we estimate the premium for your lease extension to be between £8,600 and £9,800 as well as costs.
The figure above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.