We decided to go with a local solicitor for our conveyancing in Motspur Park today. Upon checking the Terms I notewe are responsible for charges even where the conveyance does not complete. Should I go with them or choose a web based conveyancing company advertising no move no charge conveyancing in Motspur Park?

Generally there is a compromise along the lines that if "No Sale No Fee" is available then the fee levels will tend to be be uplifted to counteract those cases that do not proceed. Dont forget that these schemes generally do not cover expenses such your Motspur Park conveyancing search fees.

I am hoping to move into my new home in Motspur Park next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the lender expect the insurance to cover?

Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These requirements are not limited to conveyancing in Motspur Park.

3 months have elapsed since my purchase conveyancing in Motspur Park took place. 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 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.

I am selling my house. My previous solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Motspur Park if that makes things easier.

Please use our search tool to help you find a solicitor for your conveyancing in Motspur Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.

My son is about to join the property ladder, the home loan was agreed last week in principle. After the offer was accepted on apartment we telephoned the mortgage company to progress the mortgage application. We were shocked to hear that banks do not accept all property lawyer, they must be on their panel, is this legal?

Mortgage Companies tend to imposes restrictions either the type or the number of conveyancing solicitors on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Motspur Park solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.