Recently been in touch with my conveyancing solicitor in Millbank who acted for me 18 months ago asking for a conveyancing estimate based on an identical type of home move (a leasehold residence and a freehold property) of almost identical values with a mortgage from Clydesdale. I am now being charged twice the amount. Am I right to be tempted to shop around for a cheaper internet conveyancer?
The estimate does seem a tad steep. If you are happy to spend time comparing quotes you may be able to shave off some of the cost by perhaps £100 plus VAT. On the other hand, providing that you were pleased with the assistance the firm offered you maycome to regret opting for an an untested lawyer. If is important to be sure that the conveyancer can act for Clydesdale. Do use our search tool to select a Millbank conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in Millbank.
My wife and I are buying a newly constructed duplex in Millbank and my lawyer is telling me that she has to the lender to reveal incentives from the seller. The Estate Agents are hassling me to sign contracts and I don't want to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have an AIP. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to appoint a Millbank based conveyancing firm?
Do check but the chances are that appoint one of their panel solicitors where you accept the "fee-free" offer. Contact the mortgage company to check if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Millbank.
Are there restrictive covenants that are commonly identified as part of conveyancing in Millbank?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Millbank. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What does commercial conveyancing in Millbank cover?
Non domestic conveyancing in Millbank covers a wide range of advice, provided by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.