What is the best way to search for the right lawyer who can give a first class service for our conveyancing in St Anns?
First ask connections who they would recommend.
Second, search the internet for conveyancing in St Anns. Pick up the phone to a couple or more firms from the list and request that they send you their conveyancing quote and discuss your needs with the solicitor who will oversee your legal process ahead ofmaking your decision.
Option 3 is to make use of our search tool to help you find the right solicitors for you based on your individual factors including area of the property,timings, complications and who the proposed lender is. Avoid the trap of appointing £99 conveyancing in St Anns
The property market in St Anns is hotting up. What can I do to hasten the legal process?
In a situation where you are under pressure to exchange it is advisable to make sure that your conveyancer is familiar with the location as they will benefit local relationships and intelligence. It is even conceivable that they could have conducted otherhouses in the same road. Therefore consider using a St Anns conveyancing lawyer. In addition, check that the conveyancing firm is on the lender panel. It is claimed that just under twenty per cent of St Anns conveyancing deals are held up or derailed after discovering a purchaser’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the conveyancing being frustrated by as much as three weeks. It is estimated that this issue affects in the region of 100,000 home moves every year. Almost all St Anns conveyancing firms can not represent certain banks so do check as early as possible.
What does my ID and proof of funds have anything to do with my conveyancing in St Anns? Is this really warranted?
St Anns conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under money laundering regulations to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).
Confirmation of the origin of monies is also required under the money laundering regulations as lawyers are required to investigate that the funds you are utilising to buy a property (be it the exchange deposit or the total purchase amount where you are buying without a mortgage) has originated from an acceptable source (such as an inheritance) and is not the proceeds of illegitimate activity.
It has been five months following my purchase conveyancing in St Anns completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 property 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.
Due to the encouragement of my in-laws I had a survey completed on a property in St Anns prior to appointing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some lenders will not issue a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in St Anns. Conveyancing will be smoother if you use a solicitor in St Anns especially if they are familiar with such properties in St Anns.
What is the average conveyancing fee for conveyancing in St Anns?
The average cost in 2014 for conveyancing in St Anns was £1,500 not including SDLT and HMLR fees.