I chose a Fitzrovia based solicitor for our conveyancing in Fitzrovia today. Upon checking the fine print I noteI am on the hook for charges even if the dealfalls through. Should I ditch them and choose an internet firm advertising no move no charge conveyancing in Fitzrovia?
It is usually ‘give and take’ in that if "No Sale No Fee" is available then the fee levels will generally be higher to neutralise those transactions that abort. Please beware that these offerings rarely protect you from expenditure for example Fitzrovia conveyancing search fees.
My Conveyancer in Fitzrovia is not listed on the The Royal Bank of Scotland Conveyancing Panel. Is it possible for me to continue with my family solicitor even though they are not on the The Royal Bank of Scotland panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Fitzrovia lawyers but The Royal Bank of Scotland will need to retain a conveyancer on their panel. This will inevitably rack up the total legal charges as well as result in frustration.
- Choose a new solicitor to act in the conveyancing, remembering to check they are The Royal Bank of Scotland approved.
- Try to convince your The Royal Bank of Scotland solicitor to attempt to join the The Royal Bank of Scotland panel
Just bought a semi-detached house in Fitzrovia , how long will it take for the Land Registry to register my ownership? My Fitzrovia conveyancing solicitor has been very slow, so I want to be certain the registration is addressed.
There is nothing unique when it comes to conveyancing in Fitzrovia registration formalities. Rather than based on location, timescales can adjust depending on the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. At present approximately three quarters of submission are completed in less than three weeks but occasionally there can be longer hold-ups. Registration takes place after the purchaser is living at the property so 'speed' is not typically top priority yet if there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I am purchasing my first flat in Fitzrovia with a loan from The Mortgage Works. The developers would not reduce the price so I negotiated £7000 of extras instead. The sale representative advised me not inform my lawyer about this extras as it will adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Fitzrovia is where the house is located. Can you shed any light on this issue?
Flying freeholds in Fitzrovia are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Fitzrovia you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fitzrovia may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am a sole trader hoping to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering fixed fees for non-domestic conveyancing in Fitzrovia for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Fitzrovia, including the sale and purchase of businesses as well as simply premises. Whether you are intending to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. As for the costs this will depend on the structure and complexity of the proposed transaction. Please provide us with your details or call us so that we can furnish you with a detailed commercial conveyancing calculation.