The Leicestershire conveyancing solicitors that I recently instructed on my house acquisition in Leicestershire have suddenly closed. I only went with them because I had to have a firm on the Principality conveyancing panel and my previous Leicestershire lawyer was not. I paid them 275 plus VAT in advance. What are my options?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Principality 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 lawyers should be in a position to help.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Leicestershire?
There are many recorded licenced Conveyancers in Leicestershire and Solicitor partnerships in Leicestershire who provide Conveyancing services We would stress that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Forgive me if this question is silly but I am new to the home buying as FTB of a two bedroom flat in Leicestershire. Do I receive the keys to the house on the completion date from my solicitor? If so, I will find a High Street conveyancing solicitor in Leicestershire?
On the day of completion you do not need to go to the conveyancers office in Leicestershire. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you will be invited to receive the keys from the property Agents and start moving into the property. Usually this occurs early afternoon.
Can you help - my lawyer says that lack of right of way insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Leicestershire?
The appropriate level of lack of right of way indemnity insurance should be dictated by who who your lender is. It would differ for example between HSBC Bank and Norwich and Peterborough Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
My friend advised me that if I am buying in Leicestershire I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Leicestershire conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Leicestershire around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Leicestershire Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Leicestershire.
I used Stirling Law several years ago for my conveyancing in Leicestershire. Now, I need my documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Leicestershire of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Leicestershire differ for newly converted properties?
Most buyers of new build premises in Leicestershire come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because builders in Leicestershire tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Leicestershire or who has acted in the same development.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Leicestershire. I have chance upon a site which seems to have the ideal answer If it is possible to get all this stuff completed via email that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?