We are purchasing a flat in Binfield. It might be a silly question but how we can trust a lawyer? At some point we have to put money into their account. What protection do we have from them run away with our monies?
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.
If you had a top tip for choosing a conveyancing solicitor in Binfield what would it be?
Do not opt for the lowest Binfield 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 go into the conveyancing with your eyes wide open.
We have agreed to purchase a house in Binfield. An unusual aspect is that the roof has a solar panel. RBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with RBS your lawyer must comply with the formal instructions contained in Section two of UK Finance Lenders’ Handbook for RBS. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and lawyers are required to report to RBS where a lease fails to meet these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not limited to Binfield.
I require quick conveyancing in Binfield as I have a deadline to sign on the dotted line within one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are not taking a mortgage you are at free not to do searches although no law firm would suggest that you don't. With plenty of history conveyancing in Binfield the following are examples of issues that can be revealed and therefore affect the marketability of the property: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...
Me and my brother own a semi-detached Victorian property in Binfield. Conveyancing practitioner represented me and Clydesdale. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the exact same property. Is it worth asking Clydesdale to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Binfield and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing solicitor who conducted the purchase.
Am I best advised to use a Binfield conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can perform the legal work however her office is 200kilometers away.
The primary upside of using a high street Binfield conveyancing practice is that you can pop in to sign paperwork, deliver your identification documents and pester them where appropriate. Having local Binfield know how is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and the majority were content that must trump using an unknown Binfield conveyancing lawyer just because they are local.
At what stage do I cover the costs of stamp duty payable for my conveyancing in Binfield?
Most lawyers will fill out a stamp duty return on your behalf during your Binfield purchase transaction for you to sign. On completion your conveyancer will submit the STL Return Form to the Inland Revenue and - assuming they have the funds - pay any tax bill due on your behalf.