I have just started taking steps with the aim of transferring my domestic mortgage to a BTL Chelsea Building Society mortgage. The bank has said that I require a solicitor as part of the process. I got in contact with my past Haddenham conveyancing solicitor who who conducted the conveyancing when I previously bought the premises. The costs illustration sent of £500 has surprised me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate does seem a tad overpriced. If you shop around you may be able to decrease the fees slightly by perhaps £100 plus VAT. On the other hand, if you were content with the service the firm provided you couldcome to regret opting for an an untested lawyer. Remember to enquire that the conveyancer can represent Chelsea Building Society. You can use our search tool to choose a Haddenham conveyancing firm on the Chelsea Building Society conveyancing panel, which can often include conveyancing solicitors in Haddenham.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would much rather instruct a high street conveyancing solicitor in Haddenham?
You should check but the the probability is that appoint one of their panel lawyers where you accept the "fee-free" offer. Speak to the lender and ask if they make available a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Haddenham.
We are purchasing a property and the solicitor has mentioned Chancel Repair to which the property may be liable as it falls into the area of such a church. She has suggested insurance. Is this really warranted for conveyancing in Haddenham
Unless a previous purchase of the premises completed post 12 October 2013 you may assume that conveyancing practitioners handling conveyancing in Haddenham to continue to propose a a chancel search and or chancel repair liability policy.
I used Action Conveyancing several years past for my conveyancing in Haddenham. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Haddenham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying my first flat in Haddenham with the aid of help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not to tell my conveyancer about the side-deal as it will jeopardize my mortgage with Norwich and Peterborough Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
My partner and I are purchasing a studio flat in Haddenham. At the time of instructing our solicitor, they assured us that they were on all mainstream mortgage company panels. The mortgage broker contacted us today to say that they don't seem to be on the RBS approved list. Should that be true, what should we do? Should we just find a new solicitor that is on their approved list or should we pay for separate representation, with RBS appointing their own approved property lawyer.
When purchasing a property with the benefit of a mortgage it is usual for the purchaser’s solicitors to also represent the mortgage company. In order to act for a bank or building society a property lawyer has to be on that lender's list of approved lawyers. An application has to be made by the conveyancing practitioner to the lender to become a member of the lender's panel and there are increasingly strict criteria which the lawyer has to fulfill. Some building societies now require their panel firms to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should call RBS to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on RBS's conveyancing panel as you are at liberty to use your preferred Haddenham lawyers, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.