Can you clarify what the consequences are if my solicitor is removed from the UBS Solicitor panel ahead of completing my conveyancing in Clapham and Salph End?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
It has been 4 months since my purchase conveyancing in Clapham and Salph End took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 property 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.
Given that I will soon spend hundreds of thousands of pounds on 3 bedroom house in Clapham and Salph End I wish to talk to a solicitor about myhome move ahead of appointing the firm. Can this be arranged?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you liaising with the lawyer due to be doing your conveyancing in Clapham and Salph End.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter reference. The practices that we put you in touch with believe that the figure you are quoted for residential conveyancing in Clapham and Salph End should be the figure that you are charged.
Am I better off to appoint a Clapham and Salph End conveyancing solicitor based in the vicinity that I am purchasing? We have a good friend who can execute the legal work however they are based over three hundred miles away.
The primary upside of using a high street Clapham and Salph End conveyancing practice is that you can visit the firm to sign paperwork, hand in your ID and pester them if necessary. Having local Clapham and Salph End know how is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were happy that should outweigh using an unfamiliar Clapham and Salph End conveyancing solicitor just because they are based in the area.
My wife and I have an offer in principle from Virgin Money who have advised that they will lend up to £117k. At what point do we need to appoint a solicitor for conveyancing? Clapham and Salph End is where we plan to move to.
You can instruct a lawyer now and ask them to open a file on your behalf. This will kickstart: 1) the estate agent to issue a Sales Memorandum to the relevant parties 2) the seller’s property lawyer to submit the draft contract. That being said, do not ask your property lawyer to start searches until you receive your valuation report from Virgin Money and you are happy to proceed.