We previously instructed conveyancing lawyers located in Hillingdon on the UBS solicitor approved list. They have just billed me an additional charge for handling the UBS mortgage. Is this a supplemental conveyancing fee specified by UBS?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancer can levy a fee for this. This fee is not set by UBS but by your Hillingdon lawyer. Numerous firms on the UBS panel will levy ’dealing with mortgage’ fee and others do not.
Intending to buy a flat in Hillingdon. 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 Co-operative 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 Hillingdon property lawyer is on the Co-operative conveyancing panel.
Bank of Ireland have agreed my home loan in principle, my offer on a property in Hillingdon has been accepted, what are the next steps?
The estate agent will need to know who your solicitors are (be sure the lawyers are on the lender’s approved list). Contact Bank of Ireland or the financial adviser and complete any appropriate documentation. Bank of Ireland will appoint a valuer who will get in contact with the selling agent or seller to book a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Bank of Ireland will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Hillingdon.
My relative advised me that if I am buying in Hillingdon I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Hillingdon conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Hillingdon around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hillingdon Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Hillingdon.
My wife and I purchased a renovated Victorian property in Hillingdon. Conveyancing lawyer acted for me and Alliance & Leicester . I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hillingdon and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who conducted the purchase.
I am purchasing a new build house in Hillingdon benefiting from help to buy. The sellers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my lawyer about this side-deal as it could put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Hillingdon ahead of appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some banks may refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements from Halifax. 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 used to dealing with flying freeholds in Hillingdon. Conveyancing will be smoother if you use a solicitor in Hillingdon especially if they regularly deal with such properties in Hillingdon.
I need to instruct a conveyancing solicitor for freehold conveyancing in Hillingdon. I've stumble upon a site which looks to be the ideal answer If it is possible to get all formalities completed via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?