The vendors of the home we are looking to purchase have instructed a conveyancing solicitor in Haggerston who has insisted on a exclusivity contract with a deposit 10k. Are such agreements sensible?
There are a couple of primary drawbacks with executing a lock out contract (also termed an exclusivity agreement) is that it diverts attention away from making progress with the conveyancing process, so in the absence of it needing minimal or no negotiation then it may turn out to be a cause of frustration and delay. It is not particularly popular by Haggerston conveyancing solicitors for this reason. A further negative is the extent of the remedies available - an aggrieved buyer is very unlikely to be granted an injunction to bar the owner disposing of the property to another buyer, so the only remedy available under the agreement will be the recovery of wasted charges and, in limited scenarios, the extra payment of damages.
My Conveyancer in Haggerston is not listed on the Barnsley Building Society Solicitor Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are excluded from the Barnsley Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your preferred Haggerston lawyers but Barnsley Building Society will need to use a conveyancer on their panel. This will inevitably rack up the overall conveyancing fees and cause frustration.
- Get a new solicitor to act in the conveyancing, remembering to check they are Barnsley Building Society approved.
- Try to convince your Barnsley Building Society solicitor to seek to join the Barnsley Building Society panel
I am assisting my niece sell her house in Haggerston. Does the solicitor arrange the energy performance certificate or do I organise this?
After the abolition of Home Information Packs, EPC’s was retained a compulsory element of selling a house. An energy performance certificate should be to hand in advance of the property being marketed. This is not as aspect of the sale process that solicitors normally organise. Where you are instructing a Haggerston conveyancing lawyer they might be willing to arrange EPC’s due to their contacts with long established local accredited person
The formalities of my remortgage has taken place for my property in Haggerston. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Intending to buy a maisonette in Haggerston. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS 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 Haggerston conveyancing practitioner is on the RBS conveyancing panel.
Due to the advice of my in-laws I had a survey completed on a house in Haggerston ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders tend not grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements from Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Haggerston. Conveyancing will be smoother if you use a solicitor in Haggerston especially if they regularly deal with such properties in Haggerston.
How do I use your search facility to get a fee calculation from a conveyancing solicitor in Haggerston on the approved list for my bank?
1st select a bank such as Santander, Norwich and Peterborough Building Society or Clydesdale then choose your preferred area for instance Haggerston. Conveyancing organisations in Haggerston and nationally will then be listed.
When it comes to my conveyancing in Haggerston should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Haggerston conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.