Should conveyancers ask for money up-front for conveyancing in Slough?

Where you are retaining lawyers for conveyancing in Slough your lawyer will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the deposit is payable against the total price then this should be asked for immediately before contracts are exchanged. The final balance that is needed should be sent to your lawyer shortly before completion.

My wife and I have recently appointed a conveyancing solicitor in Slough. I I am struggling to find out whether they are on the Alliance & Leicester conveyancing panel. Could you advise?

The first thing you should do is call the lawyer and enquire if they are on the lender panel. Otherwise please get in touch with Alliance & Leicester who may be able to assist.

I am 17 days into a residential purchase having been referred to a firm by the estate agent to handle our conveyancing in Slough. I am am extremely dissatisfied with the level of service. Could you you assist me in finding new lawyers?

They would have to be really bad in order to consider changing them. Has the mortgage offer been issued? If so you need to inform them of the new conveyancer and have the loan are re-issued. The solicitor ideally needs to be on the banks panel to avoid escalating costs and complications. So that should be your first question of the new conveyancers. The search tool can help you find a bank approved solicitor for your home move in Slough

What are your top tips when it comes to appointing a Slough conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a property lawyer for lease extension works (regardless if they are a Slough conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with two or three firms including non Slough conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:

If they are not ALEP accredited then what is the reason? How experienced is the practice with lease extension legislation?

Slough Leasehold Conveyancing - Examples of Questions you should consider before Purchasing

The best form of lease structure is a share of the freehold. In this arrangement the tenants benefit from being in charge if their destiny and notwithstanding that a managing agent is usually employed if the building is larger than a house conversion, the managing agent is directed by the tenants. Who are the managing agents? This question is important as a) areas can cause problems for the block as the communal areas may begin to deteriorate if repairs are not paid for b) if the tenants have an issue with the running of the building you will want to have all the details

I am short of a 10% deposit on my house purchase in Slough , but I am anxious exchange. Do I have options?

You can agree a smaller deposit. Many vendors will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute