We were about to instruct a conveyancing solicitor in Burford endorsed on your site but have come across alternative fee calculations via the web look cheaper – why is this?
One can find many firms of conveyancing organisations promoting pretending to offer cut-price conveyancing, but supplementalcosts end up with the final fee being escalated. In accordance with regulatory requirements charges outlined in terms of engagement should be equitable invoiced The solicitors that we list for conveyancing in Burford clearly state all legal fees for a standard conveyancing case.
In what way does my ID and proof of funds have anything to do with my conveyancing in Burford? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing business. The Terms of Engagement that you are required to sign should confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you are unwilling to supply ID verification documents, your lawyer would not be able to accept instructions from you.
My home in Burford is up for sale and I have a purchaser. Will my conveyancer need to be on the UBS conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
We're new to the buying process - had an offer accepted, yet the agent told us that the owners will only go ahead if we use the agent's chosen lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Burford
It is unlikely the vendors are behind this. Should the vendor want ‘a quick sale', turning down a motivated purchaser is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you intend to use your preferred Burford conveyancing lawyers - as opposed tothose that will earn the negotiator at the agency a introducer fee or meet his conveyancing figures pre-set by corporate headquarters.
My wife and I have instructed a Burford conveyancing solicitor for our home move (FTB’s) and have picked up in the engagement letter that they are not governed by the FCA. Should I be worried or is that the norm with lawyer?
We can't see why they should be. Most lawyer don't lend money. They will be regulated by the SRA, who have stringent stipulations in relation to monies held in their bank.