As I am unsure how the conveyancing process works what is the most important number one tip you can give me concerning purchase conveyancing in Barbican?
You may not hear this from too many lawyers but conveyancing in Barbican or throughout London is often a confrontational experience. Put another way, when it comes to conveyancing there is lots of opportunity for confrontation between you and other parties involved in the ownership transfer. E.g., the seller, property agent and on occasion your bank. Choosing a lawyer for your conveyancing in Barbican should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose role it is to act in your best interests and to keep you safe.
Sometimes a potential adversary may try and persuade you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your conveyancer is dragging his heels. Or your mortgage broker may advise you to do take action that is against your lawyers guidance. You should always trust your lawyer above all other parties in the conveyancing process.
What is your number one tip for finding a conveyancing solicitor in Barbican
Do not opt for the lowest Barbican conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
We previously instructed conveyancers located in Barbican on the Bank of Ireland solicitor panel. They have just invoiced me a separate sum for handling the Bank of Ireland mortgage. Is this an additional conveyancing fee set by Bank of Ireland?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor can charge a fee for this. This fee is not dictated by Bank of Ireland but by your Barbican lawyer. Plenty of firms on the Bank of Ireland panel will quote ’dealing with mortgage’ fee but plenty of firms incorporate it on their overall fee.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Barbican conveyancing practitioner on the Nationwide panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
I require quick conveyancing in Barbican as I am faced with an ultimatum to sign on the dotted line in less than 4 weeks. Thankfully I do not require a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a cash purchaser you are at liberty not to have searches conducted although no lawyer would advise that you don't. With lots of history conveyancing in Barbican the following are examples of what can be revealed and therefore affect the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I decided to have a survey carried out on a house in Barbican in advance of instructing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some lenders may not grant a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Barbican. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barbican to see if the conveyancing will be more expensive.
Is it possible to change conveyancer as I need to retain one who is on the Nottingham Building Society conveyancing list. I hired a high street conveyancing solicitor in Barbican five minutes from me but she is not approved by Nottingham Building Society
We will our best to assist in finding you a conveyancing solicitor in Barbican on the Nottingham Building Society panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Barbican. Using the find a conveyancing solicitor tool on this site, you can compare charges for conveyancing solicitors in Barbican and beyond.