We decided to go with a local solicitor for our conveyancing in Higham Ferrers yesterday. Upon checking the Terms and Conditions I seewe are liable for charges even where the conveyance does not complete. Would I be best advised to choose an on-line conveyancing brokerage offering no-sale-no-fee conveyancing in Higham Ferrers?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will generally be uplifted to cover the cases that abort. Please beware that such deals tend not to protect you from outlay such as Higham Ferrers conveyancing search fees.
In what way does my ID and proof of funds have anything to do with my conveyancing in Higham Ferrers? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Higham Ferrers. Nowadays you can not proceed with any conveyancing process if you have not providing evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are supplying your driving licence as evidence of identification it must be both the paper part and photo card part, one is not acceptable without the other.
Evidence of the source of money is required in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor will need to retain this information on file. Your Higham Ferrers conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask additional questions regarding the origin of funds.
3 months have gone by since my purchase conveyancing in Higham Ferrers completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 premises 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.
I need to instruct a conveyancing practitioner in Higham Ferrers for my remortgage. Can I see a solicitor's complaints history with the legal regulator?
You may find published Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training reasons.
I have just started marketing my ground floor flat in Higham Ferrers. Conveyancing is yet to be initiated, however I have recently had a half-yearly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as normal given that all rents and service payments should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Higham Ferrers - A selection of Questions you should consider before buying
It is important to be aware if changing the roof or some other significant cost is coming up to be shared between the leasehold owners and could well dramatically increase the the service charges or result in a one off payment. What is the yearly maintenance fee and ground rent? Who are the managing agents?