My partner’s sister is a solicitor. I expect that I will receive mate’s pricing for conveyancing, However if that does not come materialise, what level of fees should I be expecting for conveyancing in Radlett?
It’s a good idea to seek 3 or more like-for-like conveyancing quotes. Make use of our comparison tool on this page. Whilst fees will contrast greatly but service levels do are distinct between law firms as is true with the vast majority of professional services.
is it true that all Radlett solicitors on the RBS conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the RBS conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do list licenced conveyancers on their panel in which case such firms would be governed by the Council of Licensed Conveyancers.
We were going to get a OIP from RBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do RBS recommend any Radlett solicitors on the RBS conveyancing panel, or is it better to go independently?
You will need to appoint Radlett solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Radlett lawyer on the UBS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
How does conveyancing in Radlett differ for new build properties?
Most buyers of new build or newly converted property in Radlett come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is finished. This is because builders in Radlett typically buy the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Radlett or who has acted in the same development.
Am I better off to instruct a Radlett conveyancing solicitor in close proximity to the house I am purchasing? I have an old university friend who can execute the legal work however her office is over three hundred kilometers drive away.
The primary upside of using a high street Radlett conveyancing firm is that you can drop in to execute documents, present your ID and apply pressure on them if necessary. Having local Radlett know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were happy that should trump using an unfamiliar Radlett conveyancing lawyer just because they are round the corner.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Radlett. Conveyancing is yet to be initiated, but I have recently had a quarterly service charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as you normally would because all rents and service charges should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
We have reached the end of our tether in trying to purchase the freehold in Radlett. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Radlett conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Radlett premises is 42 Churchill Road in March 2013. The Tribunal determined that the price payable in respect of the acquisition of the freehold of the property as required under the terms of the Court Order dated 21 December 2012, is£26,958 This case was in relation to 1 flat.
A couple of months ago I was told by my bank that their panel solicitors work on no sale no fee basis for conveyancing in Radlett. Our purchase fell through yet the lawyers want search fees! They say the fees are seperate!
Radlett conveyancing search costs are separate expenses not legal costs as these are due to a third party.