I'm in the process of changing my existing standard loan to a BTL Alliance & Leicester mortgage. I have been informed by my broker that I require a conveyancer for this. I had a chat the same Dollis Hill conveyancing practitioner who dealt with the legals when I initially acquired the property. The fee calculation provided of just over five hundred pounds is surprising as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate does seem a little overpriced. If you are content to invest time comparing charges you might get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, assuming were content with the legal work the firm offered you mightcome to regret opting for an an untested lawyer. Don't forget to be sure that the solicitor can also act for Alliance & Leicester . You can utilise our search tool to select a Dollis Hill conveyancing firm on the Alliance & Leicester member panel, which can often include conveyancing solicitors in Dollis Hill.
We were just about to sign contracts for a semi detached house in Dollis Hill. We have hit a stumbling block. The loan offer with Yorkshire Building Society runs out on 22/3/2023 but the vendors are suggesting a completion date of 24/3/2023. Is it possible to prolong the mortgage expiry date?
The best person to deal with your issue is your solicitors who will hopefully assess whether they should be discussing with the bank, vendor’s lawyers, selling agents or conceivably all parties given the circumstances your transaction as of today.
Can you clarify what the consequences are if my solicitor is suspended from the Coventry BS Conveyancing panel ahead of completing my conveyancing in Dollis Hill?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
We are purchasing a property in Dollis Hill. I might seem paranoid but how we can trust a solicitor? On completion day we have to send our life savings into their account. What is the protection we have from them run away with our deposit?
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.
Please help - my lawyer says that lack of planning permission insurance is necessary on my purchase. What is the level of cover for Dollis Hill conveyancing?
The appropriate level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between Santander and Barnsley Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
We are getting a further advance on our mortgage from Lloyds as we wish to carry out alterations to our home in Dollis Hill. Do we need to select a nearby Dollis Hill solicitor on the Lloyds conveyancing panel to handle the legals?
Lloyds don't usually appoint a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds conveyancing panel.
Various online forums that I have come across warn that are a common reason for stalling in Dollis Hill house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Dollis Hill.
What can I do to find out who owns a property in Dollis Hill?
Provided the premises is recorded at HM Land Registry, and you have sufficient details of the location of the property, you should be able to view details from the the Land Registry of the registered proprietor for a for less than a fiver.