Just been in touch with my conveyancing lawyer in Tower Hill who conducted the legals two years ago requesting a conveyancing estimate based on an identical type of home move (a leasehold premises and a freehold property) of similar values with a mortgage from Bank of Scotland. It looks as though am now being charged double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The quote is slightly on the expensive side. Where you are content to expend time scrutinising prices you could trim some of the cost by as much as £100 plus VAT. On the other hand, providing that you were content with the legal work the firm gave you couldcome to rue opting for an an unknown conveyancer. Don't forget to enquire the firm can represent Bank of Scotland. Do use our search tool to get a quote a Tower Hill conveyancing firm on the Bank of Scotland member panel, which can often include conveyancing solicitors in Tower Hill.
I am in a contract race with another buyer for a property in Tower Hill. What can I do to quicken up the buying process?
First, If you are under a tight deadline to complete it is highly recommended that your lawyer is familiar with the location as they will make use of local relationships and intelligence. It is possible that they would have conducted previoushomes in the same street. You would be best advised to use a Tower Hill conveyancing firm. In addition, ensure that the conveyancing firm is on the member panel. It is understood that just under twenty per cent of Tower Hill conveyancing transactions are held up or derailed after finding out that a buyer’s lawyer was not on their banks member panel. In many cases this discovery resulted in the home move being held up by almost three weeks. It is claimed that this issue impacts in the region of one hundred thousand home sales annually. Many Tower Hill conveyancing practices can not represent certain banks so do check as early as possible.
Have completed on a a detached house in Tower Hill , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Tower Hill conveyancing solicitor has been very slow, so I want to check the registration is addressed.
There is nothing unique when it comes to conveyancing in Tower Hill registration formalities. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether there are errors and whether the Land registry have to notify any other persons or bodies. Currently in the region of 80% of submission are fully dealt with in less than three weeks but occasionally there can be protracted delays. Registration occurs after the buyer has moved in to the premises so an expedited registration is not usually primary concern but if there is a degree of urgency associated with the registration then you or your lawyers should communicate with the Registry to express the reasoning for the application to be prioritised.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a straight forward, chain free conveyancing. Tower Hill is where the house is located. Is there any guidance you can give?
Flying freeholds in Tower Hill are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tower Hill you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tower Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am looking into buying my first house which is in Tower Hill and I am already nervous. I couldn't find anything specific about Tower Hill. Conveyancing will be needed in due course but do you know about the Tower Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Tower Hill. In the meantime here are some basic statistics that we found
We're FTB’s - agreed a price, but the property agent advised that the vendor will only go ahead if we appoint their recommended lawyers as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer who is accustomed to conveyancing in Tower Hill
It is improbable the owners are behind this. If they desire ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Contact the owners directly and make the point that (a)you are motivated purchasers (b)you are ready to progress, with finances in place © you do not need to sell (d) you intend to proceed fast (e)but you intend to appoint your preferred Tower Hill conveyancing lawyers - as opposed tothose that will give the estate agent a referral fee or hit his conveyancing figures pre-set by head office.