My partner’s mother is a conveyancing practitioner. I expect that I can be offered mate’s rates for conveyancing, However if that does not come through, what level of fees should I be paying for conveyancing in Brighton?
You should compare pricing. Do use our comparison tool on this page. Whilst estimates may contrast greatly but the service one can expect differ between conveyancers as is true with the vast majority of professional services.
My lawyer has identified a a problem with the lease for the property we are buying in Brighton. The seller’s lawyers have suggested title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancing practitioner says that he must be satisfied that the bank is willing to move forward with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
Can you clarify what the consequences are if my solicitor is expelled from the TSB Solicitor panel ahead of completing my conveyancing in Brighton?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
3 months have elapsed following my purchase conveyancing in Brighton concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 am 14 days into a freehold purchase having been recommend to a firm by the high street agent to handle our conveyancing in Brighton. We are not happy. Could you help me find new solicitors?
A lawyer would have to be really bad in order to consider diss instructing them. Has your loan offer been sent? If so you will need to advise them of the new contact details and get the loan are re-sent. Your new solicitor ideally needs to be on the mortgage company approved list to avoid escalating costs and frustration. So that should be your starting point. The search tool will assist you in finding a lender approved lawyer for your home move in Brighton