Last October we completed a house move in Leicester. We have since encountered a number of problems with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Leicester?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Leicester. Conveyancing searches and investigations initiated as part of the legal transfer of property are supposed to help avoid problems. As part of the process, a property owner completes a document called a Seller’s Property Information Form. If the information provided is misleading, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Leicester.
What does my ID and proof of funds have anything to do with my conveyancing in Leicester? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identification documents of the potential client they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you are required to sign will no doubt reaffirm this. Your lender will also require certain documents to be checked. Should you refuse to supply ID verification documents, your lawyer would not be able to act for you.
I am purchasing a new build flat in Leicester. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Leicester you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Leicester.
Can I be sure that the Leicester conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Leicester seeking 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 advocate that you speak with the solicitor handling your conveyancing.
After months of negotiation I have agreed a price on an apartment in Leicester. My mortgage broker suggested a conveyancing practitioner. I paid an on account payment of £225. Soon after, the lawyer contacted me embarrassingly acknowledging that they were not on the Bank of Ireland conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Bank of Ireland panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Intending to buy a flat in Leicester. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Leicester conveyancing practitioner is on the Barclays conveyancing panel.
Are the Leicester conveyancing lawyers identified as being on the lender conveyancing panel, together with their details provided by the lender?
Leicester law firm practices and firms conducting conveyancing in Leicester themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the mortgage company directly.