My fiance’s brother is a solicitor. I expect that I'll be able to get friends and family fee for conveyancing, However if that does not come materialise, what kind of figure would I typically be looking at for conveyancing in St Giles?
Do compare pricing. Do use our search tool on this page. Whilst prices seem to vary but service levels do differ between law firms as is true with the vast majority of professional services.
What does my ID and proof of funds have anything to do with my conveyancing in St Giles? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in St Giles. However these days you can not proceed with any conveyancing transaction without first supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a utility bill. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper section as well as the photo card part, one is not satisfactory without the other.
Verification of your origin of funds is necessary under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to have this information on file. Your St Giles conveyancing practitioner will need to see evidence of proof of funds prior to accepting any money from you into their client account and they will also ask additional questions regarding the source of monies.
I have been told that property searches are the main cause of delay in St Giles house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in St Giles.
It has been five months since my purchase conveyancing in St Giles completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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.
My husband and I are novice buyers - agreed a price, but the selling agent advised that the owners will only move forward if we appoint their preferred lawyers as they are insisting on an ‘expedited deal’. We would rather use a local solicitor with experience of conveyancing in St Giles
We suspect that the seller is not behind this request. If they desire ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you are going to appoint your own,trusted St Giles conveyancing lawyers - not the ones that will give their estate agent a kickback or meet his conveyancing targets demanded by head office.
I am not able to travel my St Giles conveyancing practitioners office to sign documents connected to my conveyancing in St Giles – will this be an issue?
Not a problem. St Giles conveyancing lawyers can undertake home moves for clients who are based anywhere. You are unlikely to be required to attend a St Giles conveyancers office. Almost all lawyer can deal with all communications via phone, post and email - whatever works for you.