A loan offer from NatWest for the refinancing of my 4 room maisonette is due any day now. Are you able to suggest a cheap conveyancing practitioner in Hainault?
This site is not designed to aid those in pursuit of cut-price fees for conveyancing in Hainault. Our aim is to provide value for money conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers enticing you with ninety nine pound conveyancing in Hainault. The optimum result, in deciding on cheap conveyancing, you will receive what you pay for and at worst you will end up invoiced for extras and still not get the service required.
My Conveyancer in Hainault has never been on on the Nottingham Building Society Approved Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are excluded from the Nottingham Building Society panel?
Your options are as follows:
- Carry on with your existing Hainault solicitors but Nottingham Building Society will need to instruct a conveyancer on their panel. This will inevitably rack up the total conveyancing fees as well as result in frustration.
- Get an alternative lawyer to to deal with the conveyancing, not forgetting to check they are on the Nottingham Building Society panel
Is it correct that all Hainault CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved solicitors?
A selection of lenders now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
I have decided to exercise my right to buy my property in Hainault off the council. I have a mortgage agreed with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
It is unclear whether my mortgage offer requires a lease extension. I have called my Hainault building society branch on various occasions and was told they are content with the situation and they will lend. My Hainault conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
The conveyancer has to follow the Council of Mortgage Lenders’ Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
My partner and I are close to exchanging contracts on the sale of our house in Hainault and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Hainault conveyancer would know this is not the case. It does beg the question why the buyers are using a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Hainault. Having lived in Hainault for 4 years we know that this is a non issue. Do we contact our local Authority to get confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
four months have elapsed since my purchase conveyancing in Hainault completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What does commercial conveyancing in Hainault cover?
Hainault conveyancing for business premises incorporates a broad array of guidance, given by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.