My partner’s uncle is a property lawyer. I am hopeful that I will receive friends and family pricing for conveyancing, However if that does not come through, what kind of figure should I be paying for conveyancing in Victoria Docks?
Do compare pricing. Do use our search tool on this page. Whilst estimates seem to be different but service levels do differ between law firms as is true with the vast majority of professional services.
Are the BSA intent on creating a searchable register to list firms on the Melton Mowbray Building Society conveyancing panel for example in Victoria Docks?
We have not been informed any plans on the part of the BSA to develop such a register.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Victoria Docks I like with a park and transport links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Victoria Docks for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
We're novice buyers - had an offer accepted, but the property agent informed us that the owners will only issue a contract if we appoint the agent's recommended lawyers as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Victoria Docks
We suspect that the seller is unaware of this request. If they want ‘a quick sale', alienating a motivated buyer is counter productive. Contact the sellers directly and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Victoria Docks conveyancing firm - as opposed tothe ones that will earn their estate agent a introducer fee or meet his conveyancing figures pre-set by head office.
I have chosen a Victoria Docks conveyancing solicitor for our house purchase (novice purchasers) and have picked up in the Ts and Cs that they are not regulated by the FCA. Am I right to be concerned or is that the norm with property lawyer?
We can't see why they should be. Most property lawyer don't lend money. They will be regulated by the SRA, who set stringent obligations in place on amounts sitting on client account.