My wife and I are buying a flat in Upper Tooting. I might seem paranoid but how we can trust a lawyer? At some point we will need to send our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Due to the encouragement of my in-laws I had a survey completed on a house in Upper Tooting before instructing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks will refuse to issue a loan on such a premises.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Upper Tooting. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Upper Tooting to see if the conveyancing will be more expensive.
My husband and I are novice buyers - agreed a price, yet the estate agent advised that the seller will only issue a contract if we use the agent's preferred lawyers as they need an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Upper Tooting
It is improbable the vendors are behind this. Should the vendor want ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you are going to use your preferred Upper Tooting conveyancing solicitors - as opposed tothose that will earn the negotiator at the agency a commission or hit his conveyancing figures demanded by HQ.