I was referred a lawyer who has sent a quote for £1400 for leasehold conveyancing in Kingsland. I am hoping to sell a Edwardian property for £125,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Kingsland?
The estimate does seem a tad steep. If you shop around you might get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you couldlive to regret choosing an a cheaper conveyancer. Don't forget to ensure that the solicitor can also act for your bank. Do make use of our comparison tool to get a quote a Kingsland conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Kingsland.
In what way does my ID and proof of funds have anything to do with my conveyancing in Kingsland? Is this really necessary?
To satisfy the Money Laundering Regulations any Kingsland conveyancing firm will require proof of identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility bill evidencing where you reside.
Under Money Laundering Regulations, conveyancing solicitors are obliged by law to investigate not simply the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will result in your conveyancer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to notify the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
I have 7378 less than 75 years remaining on my lease and need a lease extension for my apartment in Kingsland. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/1/2025 the requirements read as follows :
Does a directory service exist listing Lloyds panel solicitors in Kingsland on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association sites. A small selection of banks make their panel listings visible online. If you are in need of a Kingsland solicitor on the Lloyds please make the most of our facility.
Is it the case that all Kingsland solicitor practices on the Kent Reliance conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. The majority of lenders do permit licenced conveyancers on their panel and in that case the organisation would be regulated by the CLC.
Can I be sure that the Kingsland conveyancing solicitor on the Coventry BS panel is any good?
When it comes to conveyancing in Kingsland obtaining recommendations is a good start. 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 lawyer carrying out your conveyancing.
How do I identify a Kingsland solicitor on the Virgin Money conveyancing panel? I have wheels and am willing to travel upto 20miles to meet the solicitor.
Feel free to make use of the tool on this website. Please choose the mortgage company and your location and you will see a number of Kingsland conveyancing lawyers locally. We have listed some Kingsland conveyancing firms at the bottom of this page and you can ring them to verify if they are on the Virgin Money member panel