We are purchasing a flat and require a conveyancing solicitor in Chesterton who is on the HSBC solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Chesterton.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Chesterton?
There are two types of lawyers who can conduct conveyancing in Chesterton namely licenced conveyancers or solicitors. The two can handle conveyancing services that required to complete the disposal or acquisition of property. They are both obliged to perform Chesterton conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be properly administered and that all requirements and steps will be correctly attended to.
How can we tell if a Chesterton conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Chesterton seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your transaction.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Chesterton conveyancer on the Co-operative panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I'm purchasing a new build house in Chesterton with a loan from Leeds Building Society. The developers refused to budge the price so I negotiated 6k of additionals instead. The estate agent suggested that I not reveal to my lawyer about this extras as it will adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I'm converting the mortgage on my current house to a BTL mortgage with HSBC Bank and I will use the ballance of the raised equity as a down payment on another house. The neighborhood we are talking about is Chesterton. Will your conveyancers be able to act for the two lenders and link together the transactions?
Do use our comparison tool on this site to be sure that the conveyancers are approved by both lenders. Assuming that they are your solicitor will be able to tie up the two conveyancing matters but you should have a chat with you solicitor and communicate your expectations and needs.
I need to find a conveyancing solicitor for leasehold conveyancing in Chesterton. I happened to land on a site which looks to be the perfect answer If there is a chance to get all the legals completed via phone that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I dont have enough spare funds to pay a 10% deposit on my apartment purchase in Chesterton , but I am keen proceed. Do I have options?
One option is to try and accept a smaller deposit. Many sellers will accept a lesser 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 moment