We hired a Barbican based lawyer for my conveyancing in Barbican today. Looking through the Terms I noteI am responsible for fees even where the conveyance does not complete. Should I go with them or choose an on-line firm promising no completion no charge conveyancing in Barbican?
It is usually a trade off in that if "No Sale No Fee" is offered then the conveyancing charges will tend to be be more expensive to neutralise the transactions that fail to complete. Also remember that these offerings generally do not protect you from expenditure for example Barbican conveyancing search expenses.
My husband and I swapping mortgage lender for our apartment in Barbican with Lloyds. We have a son 19 who lives at home. Our solicitor requested us to identify any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the Lloyds conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) Does our son by signing this extinguish his rights to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Lloyds. This is solely used to protect Lloyds if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Lloyds had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
There are a variety of conveyancing solicitors in Barbican but how do I know who I should use?
Do not opt for the cheapest Barbican conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
is it true that all Barbican solicitors on the Kent Reliance conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many mortgage companies do list licenced conveyancers on their panel in which case such practice would be regulated by the Council of Licensed Conveyancers.
I recently had an offer agreed on an apartment in Barbican. My mortgage broker suggested a conveyancing practitioner. I paid an on account payment of £150. A few days later, the lawyer contacted me to say that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Barbican I like with amenity areas and transport links in the vicinity, however it only has 49 remaining years left on the lease. I can't really find anything else in Barbican suitable, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
Should I be suspicious by estate agents that I am dealing with are recommending an online conveyancing firm rather than a local Barbican conveyancing company?
As is the case with lots of service providers, often suggestions from connections can be most helpful. Nevertheless there are many parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks might all recommend lawyers to appoint. On occasion these lawyers might be known to one of the organisations as experts in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You are at liberty to select your own lawyer. However, bear in mind that some banks specify a panel list of law firms you must use for the mortgage aspect of your conveyancing.
We yesterday become aware that one of the partners of the firm undertaking the purchase conveyancing in Barbican is is the father of the seller. Is this allowed?
Provided no conflict arises this is allowable. Where you are obtaining mortgage finance then the bank may have a say as many banks have specific requirements on this. For example for RBS - Direct Line as of 31/8/2026, the requirements read as follows :