I hired a local firm for our conveyancing in St Giles recently. Upon checking the fine print I notewe are on the hook for fees even where the transaction does not complete. Should I ditch them and use a web based firm who offer no completion no cost conveyancing in St Giles?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the fee levels will generally be more expensive to offset the cases that do not go ahead. Dont forget that these offerings rarely cover disbursements for example St Giles conveyancing search fees.
My grandson is purchasing a house that has just been built in St Giles with a mortgage from Lloyds. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Having sold my house in St Giles last June but the buyer keeps SMS messaging daily to moan that her solicitor is waiting to hear from myconveyancer. What should my lawyer have done now that I have sold?
After completion of your sale your conveyancer should deliver the transfer documentation and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer must also send confirmation that the home loan has been discharged to the buyers solicitors. There are no post completion formalities just for conveyancing in St Giles.
The deeds to my property can not be found. The conveyancers who conducted the conveyancing in St Giles 4 years ago no longer exist. What do I do?
These day there are copies made of almost everything, and your conveyancer should be aware exactly where to locate all the appropriate documentation so you can purchase or sell your house without a hitch. If copies can’t be found, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on your premises.
I am looking for a flat up to £245,000 and found one round the corner in St Giles I like with a park and transport links nearby, however it's only got 52 years unexpired on the lease. There is not much else in St Giles suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I have been sourcing a conveyancing practitioner in St Giles for my home move. Is it possible to check a firm’s record with the profession’s regulator?
One may search for documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA may recorded call for training reasons.