I went with a Colindale based solicitor for our conveyancing in Colindale recently. After carefully reading the Terms I seeI am liable for fees even where the transaction does not complete. Should I go with them or instruct a web based conveyancing brokerage promoting no-sale-no-fee conveyancing in Colindale?
It is usually ‘give and take’ in that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be more expensive to cover the transactions that abort. You should be mindful that these schemes rarely protect you from outlay for example Colindale conveyancing search expenses.
Due to complete my purchase in Colindale next Monday. My property lawyer now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the lender expect the insurance to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These requirements are not specific to conveyancing in Colindale.
My lender has suggested solicitors on their panel based in Colindale but I would rather instruct a conveyancing lawyer in Colindale or nearer to where I live. Can you assist?
Far from all Colindale conveyancing solicitors are on all banks conveyancing panel. Use the above find an approved solicitor tool to choose a Colindale conveyancing solicitor on the on the mortgage company panel.
We are purchasing a flat in Colindale. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to send our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am due to move home in July. Should my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you recommend a removal company in Colindale. Conveyancing solicitor was found before I stumbled across your page.
On the afternoon of completion you will need to collect the house keys from the estate agent but this should only happen after the sellers lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you will need to inform the removal company that you are ready to move in. We are not in a position to recommend a specific removal organisation but can help you find a conveyancing in Colindale or a firm with expertise in conveyancing in Colindale.
Is it the case that all Colindale solicitor practices on the TSB conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the TSB conveyancing panel they would need to be governed by the SRA. Many mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the Council of Licensed Conveyancers.
My husband and I are a couple of weeks into a freehold purchase having been referred to a firm by the high street agent to do our conveyancing in Colindale. I am not happy. Can you you assist me in finding new lawyers?
A solicitor would need to be very poor in order to consider replacing them. Has your mortgage been sent? In the event that it has you need to advise them of the new contact details and have the loan are issued to the new lawyers. Your conveyancer needs to be on the mortgage company approved list to avoid escalating charges and delays. That should be your first question of the new conveyancers. Our search tool will help you find a lender approved lawyer for your home move in Colindale