We were about to instruct a conveyancing solicitor in Chingford endorsed by you but have come across some other estimates via the web appear less expensive – how come?
You can find hundreds of solicitors advertising at first sight what seems to be cut price. You should give due consideration about how much you respect your own move to want to be penny wise pound foolish over the quality of the legal work. Some embed additional charges well inside the terms and conditions. The conveyancers that we put forward for conveyancing in Chingford neverbehave this way.
What is the first thing I need to know concerning purchase conveyancing in Chingford?
Not many law firms shout this from the rooftops but conveyancing in Chingford or throughout England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there is lots of opportunity for conflict between you and other parties involved in the house moving process. For instance, the seller, estate agent and sometimes your mortgage company. Choosing a law firm for your conveyancing in Chingford should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the transaction whose responsibility is to look after your best interests and to keep you safe.
We are witnessing a worrying creep in the "blame" culture- someone must be at fault for the process being so protracted. You should always trust your lawyer ahead of all other parties when it comes to the legal assignment of property.
It has been 3 months since my purchase conveyancing in Chingford took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a property in Chingford before retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chingford. Conveyancing may be slightly more expensive based on your lender's requirements.
There are a number of properties in Chingford on unadopted lanes. My wife and I are purchasing such a property. What are the advantages and disadvantages of buying a residence on a private road?
Chingford conveyancing solicitors will be well versed in conveyancing homeson unadopted roads. Your conveyancing practitioner will review the Land Registry data to identify any rights or responsibilities. In many cases there is a management company (wholly owned by residents) that proprietors pay into to maintain the road. Where one exists, the road should be maintained and appear better than publicly owned.