I was recommended to a solicitor who has quoted just over a thousand pound for fixed fee conveyancing in Loxford. I am hoping to sell a Edwardian property for £175,000. This seems overpriced. Is it in excess of the norm for conveyancing in Loxford?

The estimate does seem marginally steep. Where you are willing to spend time contrasting prices you could shave off some of the cost by perhaps a hundred pounds. That being said, you mightcome to rue choosing an an unknown conveyancer. Remember to be sure that the solicitor can also act for your mortgage company. You can employ our comparison tool to find a Loxford conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Loxford.

Would the conveyancing solicitors that you recommend carry out right to buy conveyancing in Loxford?

We work with a number of conveyancing firms carrying out right to buy conveyancing work Please call the lawyers listed in order to secure a costs illustration.

What does my ID and proof of funds have anything to do with my conveyancing in Loxford? Why is this being asked of me?

Loxford conveyancing solicitors and indeed property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients will need to supply two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement no more than three months).

Confirmation of source of monies is also required in accordance with the money laundering regulations as lawyers are required to ensure that the money you are using to buy a property (whether it be the deposit for exchange or the full purchase amount where you are a cash purchaser) has come from a reputable source (such as employment savings) rather than the product of illegitimate activity.

Is it the case that all Loxford solicitor practices on the Leeds Building Society conveyancing panel are governed by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Leeds Building Society conveyancing panel they would need to be regulated by the SRA. Some lenders do permit licenced conveyancers on their panel and in that case the practice would be governed by the Council of Licensed Conveyancers.

I'm spending time looking at flats in Loxford and I am now considering a potential offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with Aldermore.

You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are getting a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.

I have today made my last payment due on my mortgage with TSB. I assume I don't need a Loxford conveyancer on the TSB panel to remove the mortgage at the Land Registry. Am I right?

If you have finished paying off your TSB 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 TSB mortgage from the register. TSB, 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:

1. but are not moving to another property
2. where TSB has sent the Land Registry the discharge electronically, and
3. TSB has instructed the Land Registry to do so

The estate agent has sent us the confirmation of our purchase of a new build apartment in Loxford. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Loxford

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants.