Recently been in touch with my conveyancing solicitor in Shoreditch who completed the legal work 18 months ago asking for a conveyancing quote based on an identical type of house sale & purchase (a leasehold property and a freehold premises) of similar values with a mortgage from Clydesdale. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The costs illustration is fractionally on the expensive side. If you are prepared to invest time scrutinising quotes you may be able to trim some of the expense by as much as £100 plus VAT. That being said, providing that you were content with the conveyancing the firm gave you maycome to regret choosing an an untested conveyancer. If is important to enquire that the conveyancer can act for Clydesdale. You can utilise our search tool to locate a Shoreditch conveyancing firm on the Clydesdale member panel, which can often include conveyancing solicitors in Shoreditch.
Do the conveyancing lawyers identified via your search tool handle attended exchange conveyancing in Shoreditch?
We do have a number of conveyancing experts carrying out personalised exchanges. You should call us to get a conveyancing quote and details as to dates.
I just acquired a house at auction in Shoreditch. Conveyancing is needed. What happens now?
Having for all intents and purposes signed on the dotted line you will need to appoint a conveyancing solicitor quickly as you are faced with a fast approaching deadline in which to complete the transaction. An auction property should have a corresponding auction pack. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the conveyancing papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You need to give this to the conveyancer working for you as soon as possible. Do make sure that you have funds organised to complete the transaction on the set completion date.
Is there a list of HSBC panel solicitors in Shoreditch on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. A small selection of banks make their panel listings viewable over the internet. Where you are seeking to appoint a Shoreditch property lawyer on the HSBC please make the most of our facility.
After what feels like an age I have had an offer on an apartment in Shoreditch agreed to, the owners do however have a tied purchase. The owners have placed an offer on a flat, but it’s not yet tied up, and are looking at other flats booked. I have chosen a bricks and mortar conveyancing solicitor in Shoreditch. What should be my next step? When should I get the mortgage application with Lloyds going?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Shoreditch conveyancing search fees, etc). First, you must ensure that your conveyancing practitioner is on the Lloyds conveyancing panel. Regarding the subsequent stages this very much dictated by the uniqueness of your transaction, motivation for this property and on the state of the market. During a hot market the majority of buyers would apply for a home loan with Lloyds and arrange for the valuation and only if it comes back ok would they ask their lawyer to move forward with searches.
My wife and I have a terraced Victorian property in Shoreditch. Conveyancing lawyer acted for me and Godiva Mortgages Ltd. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the exact same address. Is it worth asking Godiva Mortgages Ltd to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shoreditch and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who conducted the work.
I have recently placed an offer on an apartment in Shoreditch and the estate agent that we are using suggested his lawyer. They quoted £800 plus VAT and disbursements. Does this sound like a good deal?
You should not rely on one quote. One should obtain like-for-like quotes for your conveyancing in Shoreditch. Then choose one that you trust and crucially, is on the approved panel of the lender that you are sourcing your mortgage from.