We decided to go with a high street solicitor for our conveyancing in Gillingham today. Looking through the Ts and Cs I noteI am on the hook for fees even where the transaction does not complete. Would I be best advised to use an on-line firm offering no-sale-no-fee conveyancing in Gillingham?
It is usually ‘give and take’ in that if "No Sale No Fee" is available then the fee levels will tend to be be uplifted to counteract those conveyances that do not proceed. Do bear in mind that these arrangements rarely protect you from expenses such your Gillingham conveyancing search expenses.
As a novice what is the most important advice you can impart regarding purchase conveyancing in Gillingham?
You may not hear this from too many lawyers but conveyancing in Gillingham and elsewhere in England and Wales is often a confrontational experience. In other words, when it comes to conveyancing there is plenty of room for friction between you and others involved in the home moving process. For instance, the seller, estate agent and sometimes your mortgage company. Selecting a solicitor for your conveyancing in Gillingham is a critical decision as your conveyancer is your adviser, and is the ONLY party in the transaction whose interest is to protect your best interests and to protect you.
There is a definite ongoing adversarial element to conveyancing- someone has to be blamed for the process taking so long. You must always trust your lawyer above all other parties when it comes to the legal transfer of property.
The Gillingham conveyancing firm that just started acting on my purchase in Gillingham have without warning shut down. I only went with them because I had to have a solicitor on the Coventry BS conveyancing panel and my preferred Gillingham lawyer was not. I cut them a cheque for £250 in advance. What do I do now?
If you have an estate agent involved then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Coventry BS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist.
I need some quick conveyancing in Gillingham as I am under pressure to complete within 4 weeks. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free buyer you have the choice not to have searches conducted although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Gillingham the following are examples of what can crop up and adversely affect future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
I'm buying a new build house in Gillingham with the aid of help to buy. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not reveal to my solicitor about this extras as it may impact my mortgage with the lender. Is this normal?.
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 need to instruct a conveyancing lawyer in Gillingham for my remortgage. Can I check a solicitor's complaints history with the profession’s regulator?
You may review published Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. For information Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.