Recently contacted my conveyancing solicitor in North West London who conducted the legals two years ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold property) of similar values with a mortgage from Clydesdale. It looks as though am now being charged twice the amount. Should I hunt for a cheaper internet firm of conveyancing solicitor?
The estimate does seem a little steep. If you shop around you may be able to trim some of the cost by perhaps £125. That being said, assuming were happy with the assistance the firm provided you couldcome to regret choosing an an unknown lawyer. If is important to check the firm can represent Clydesdale. You can use our search tool to select a North West London conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in North West London.
Due to complete my purchase in North West London next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the mortgage company expect the insurance to cover?
All property lawyers on acting for mortgage companies 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 UK Finance Lenders’ Handbook instructions. These requirements are not specific to conveyancing in North West London.
Please help - my lawyer advises that chancel insurance is necessary on my purchase. What is the level of cover for North West London conveyancing?
The right level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
How can we tell if a North West London conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in North West London getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the solicitor handling your conveyancing.
We were going to get a AIP from Virgin Money this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any North West London solicitors on the Virgin Money conveyancing panel, or is it better to find our own lawyer?
You will need to appoint North West London solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
My brother has encouraged me to appoint his conveyancing solicitors in North West London. Do I follow his advice?
No doubt the ideal way to find a conveyancing lawyer is to get referrals from friends or relatives who have previously instructed the firm you're contemplating using.
What can I expect to pay for conveyancing in North West London?
Almost all North West London conveyancing practices will charge a set fee. Where additional work becomes necessary during the transaction your property lawyer is obliged inform you in writing of any supplemental charges for any work immediately it becomes foreseeable. Some firms may agree not to render an invoice if the deal falls through, others will charge a proportion of the agreed fee, depending on the point at which the matter does not go ahead.
It may be helpful for you to ask various conveyancers to provide you an estimate.