At long last a loan offer from Nationwide for the remortgage of my 3 room flat is to be issued within the next few days. Are you able to put forward a cheap conveyancing solicitor in New Milton?
You have arrived at the wrong place to search for cut-price fees for conveyancing in New Milton. We can offer you excellent value conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by companies offering the bait of low cost conveyancing in New Milton. At best, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you with a hefty uplift in additional fees and still not receive the service expected.
My wife and I are due to complete on the purchase of a property in New Milton but as a result of damage from a small fire at the property I have managed to agree reparation from the current proprietors in the sum of six thousand pounds taking the form of a deduction in the price. I had intended this to be addressed as part of a side agreement yet Coventry BS are not allowing this. Should they have been approached?
Your conveyancer that is on a Coventry BS approved list is required to disclose to Coventry BS of any changes to the sale price. If you were to refuse your property lawyer to notify the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new solicitor for your conveyancing in New Milton.
I am selling my house in New Milton. Will the solicitor need to be on the TSB conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the TSB 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 at the moment.
We are purchasing a house in New Milton. I might seem paranoid but how we can trust a solicitor? At some point we will need to send funds into their account. What is the protection 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.
I have a mortgage with Santander for my property in New Milton. Conveyancing was finalised months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Santander?
You must advise Santander in advance of letting out your property as this is likely to be a breach of Santander’s mortgage conditions. It may be that Santander will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Santander directly. You need not do this via a Santander conveyancing panel solicitor.
Having digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local New Milton solicitor - who is on the Santander conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your New Milton postcode. As you are getting a mortgage with Santander, you could contact them to see if they have a list of approved surveyors in New Milton.
Due to the input of my in-laws I had a survey completed on a house in New Milton prior to appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks may not give a loan on such a property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in New Milton. Conveyancing may be slightly more expensive based on your lender's requirements.
What do I do if I am dissatisfied with the conveyancing practitioner who undertook our conveyancing in New Milton?
Occasionally the level of service you receive is not as you expect, and unfortunately every so often things do go wrong. However there is recourse where you were dissatisfied with your conveyancing in New Milton. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their governing body. If things still aren’t sorted out you may consider enlisting the help of the Legal Ombudsman.