Do the Building Society Association intend to launch a online directory to list law firms on the Loughborough BS conveyancing panel for instance in Fawley?
We would not expect to be advised of any plans on the part of the BSA to develop such a register.
After much negotiation I have agreed a price on a house in Fawley. My mortgage broker recommended their conveyancers. I paid an on account payment of £175. A few days later, the lawyer contacted me to say that they were not on the Clydesdale 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 Clydesdale 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.
Intending to buy a house in Fawley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Fawley conveyancing practitioner is on the UBS conveyancing panel.
I have instructed a Fawley lawyer having made sure that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society 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. You may wish to consider appointing your own Fawley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I decided to have a survey done on a property in Fawley before retaining lawyers. I have been advised that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may not give a mortgage on this type of premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Fawley. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my house. My past solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Fawley if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Fawley. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
Completion is due on the sale of our £425,000 apartment in Fawley next Friday. The management company has quoted £336 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Fawley?
Fawley conveyancing on leasehold maisonettes more often than not requires the purchaser’s conveyancer sending enquiries for the landlord to address. Although the landlord is not legally bound to answer these enquiries the majority will be willing to assist. They are at liberty to levy a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is above £800. The management information fee levied by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, otherwise the invoice is not strictly payable. Reality however dictates that you have little option but to pay whatever is demanded if you want to sell the property.
Leasehold Conveyancing in Fawley - Sample of Queries Prior to buying
The majority of Fawley leasehold properties will have a service bill for maintenance of the building levied on behalf of the landlord. Where you buy the flat you will have to meet this charge, normally periodically accross the year. This can differ from a few hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met yearly, normally this is not a large sum, say approximately £50-£100 but you should to check as occasionally it can be many hundreds of pounds. It is important to be aware if fixing the lift or some other significant cost is coming up to be shared by the leasehold owners and will dramatically increase the the maintenance costs or necessitate a one time payment. The answer will be useful as a) areas may result in problems for the block as the communal areas may start to deteriorate if repairs are not paid for b) if the tenants have a dispute with the managing agents you will want to have full disclosure
Do lenders provide you with an approved list of Fawley solicitors? How do you know who is on the bank conveyancing panel?
Fawley firms and firms conducting conveyancing in Fawley themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the mortgage company directly.