We decided to go with a local solicitor for our conveyancing in Morden Park yesterday. Going through the Terms I seeI am liable for charges even if the sale doesn't happen. Would I be best advised to select a web based lawyer promoting no-sale-no-fee conveyancing in Morden Park?
It is usually a trade off in that if "No Sale No Fee" is available then the conveyancing charges will tend to be be higher to cover the cases that do not go ahead. Dont forget that these arrangements tend not to cover outlay such as Morden Park conveyancing search charges.
Me and my wife are acquiring our first home. The lawyer has contact usto ask if we would like to order extra conveyancing searches. Unfortunately we are clueless as to what's relevant for conveyancing in Morden Park
The extent of Morden Park conveyancing searches depends primarily on the property, the location, the possibility of any of these risks, your familiarity of the region and risks, your overall attitude to risk. What is important is that you properly appreciate what information the searches could provide. You may then make a decision if you consider that you need that information. Where you are uncertain, ask the property lawyer to guide you.
I had intended to instruct a conveyancing solicitor in Morden Park for our house move. Our financial adviser informed us that our mortgage company Britannia won't deal with them. Why is this not regarded as unfair competition?
Banks normally imposes restrictions either the category or the amount of conveyancing solicitors on their panel. Typical examples of such criteria being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the amount of firms they permit to represent them. You should note that Britannia have no responsibility for the quality of advice provided by any member of Britannia Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of solicitor panels a few years ago even though there are mixed opinions regarding the level of solicitor involvement in some of that fraud. Data from the Land Registry indicate that plenty of law firms, including some in or near Morden Park only carry out a couple conveyances a year.
I am looking for a ground for flat up to £305k and identified one near me in Morden Park I like with open areas and transport links nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Morden Park suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I have been advised by a couple of local selling agents in Morden Park to choose a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to market your services over and above a competitor’s?
We refuse to give any financial incentive for directing people our way. We thought it would be too underhand to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
Been searching for a lawyer for leasehold sale conveyancing in Morden Park. We are selling, simple no mortgage to discharge, no rush, no onward purchase. Got a quote from a lawyer for £800 excluding VAT which is a little steep considering its so straightforward. Can I pay less for conveyancing in Morden Park?
Given that it’s a sale only, 475 + VAT is likely to be about the best for sale conveyancing in Morden Park.