We were about to instruct a conveyancing solicitor in Lees endorsed by you but have come across some other quotes on the internet appear cheaper – why is this?
You can find hundreds of solicitors offering theoretically looks to be very low prices. Our advice is to think long and hard about how important this transaction is to you that want to be penny wise pound foolish with regard to the standard of the conveyancing. Many of them accentuate a bargain quote to tease you but conceal supplemental costs in the fine print..
When will exchange of contracts happen for sale conveyancing in Lees and do I need to be at the solicitors branch?
If you are near to one of the conveyancing solicitors in Lees you are invited in to sign documents. However, the law practices we recommend provide a countrywide conveyancing service and give as equally detailed and professional a job for you when communicating with you electronically. The executing of the sale agreement is not the point of no return. Signing on the dotted line simply enables the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Lees)to be in the office available at the end of the phone to exchange contracts.
Can you clarify what the consequences are if my solicitor is expelled from the Virgin Money Conveyancing panel ahead of completing my conveyancing in Lees?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
It has been five months since my purchase conveyancing in Lees completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 premises 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.
We're novice buyers - had an offer accepted, but the property agent advised that the seller will only go ahead if we appoint their chosen solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor used to conveyancing in Lees
It is unlikely the vendors are behind this. Should the vendor require ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you will continue to instruct your preferred Lees conveyancing firm - rather thanthe ones that will provide the estate agent a commission or hit his conveyancing figures pre-set by head office.
Are the Lees conveyancing lawyers identified as being on the mortgage company conveyancing panel, together with their details provided by the mortgage company?
Lees law firm practices and firms carrying out conveyancing in Lees themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the bank directly.