We are a couple about to sign contracts for a property in Hilton. We have hit a stumbling block. The mortgage offer with Nottingham Building Society expires on 16/5/2025 but the vendors are insisting on a completion date of 20/5/2025. Is it possible to extend the loan offer?
The person best placed to address this concern is your solicitors who should calculate whether they should be discussing with the bank, seller’s lawyers, estate agents or conceivably all three taking into account the history of your house move to date.
Do all mortgage companies provide you with an approved list of Hilton conveyancing solicitors? How do you know who is on the Co-operative conveyancing panel?
Hilton conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
My wife and I are purchasing a house in Hilton. It might be a silly question but how we can trust a solicitor? On completion day we will need to send funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Hilton conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Hilton seeking recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your conveyancing.
After much negotiation I have agreed a price on a house in Hilton. My mortgage broker recommended their conveyancers. I paid an upfront payment of £225. A couple of days later, the conveyancer contacted me to say that they were not on the Coventry BS 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 Coventry BS 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.
I decided to have a survey done on a house in Hilton in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies will refuse to grant a loan on such a property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hilton. Conveyancing will be smoother if you use a solicitor in Hilton especially if they are familiar with such properties in Hilton.
I'm refinancing my existing home to a BTL mortgage with Barclays Direct and intend to use the remaining equity as a deposit on a second house. The location we are interested in is Hilton. Will your lawyers be able to act for the two lenders and tie in the transactions?
Make use of our comparison tool on this site to ensure that the solicitors are approved by both banks. Having checked that they are the lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make clear your expectations and requirements.
We expect to complete the disposal of our £325,000 garden flat in Hilton next week. The landlords agents has quoted £348 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Hilton?
Hilton conveyancing on leasehold apartments often necessitates the buyer’s conveyancer sending enquiries for the landlord to answer. Although the landlord is not legally bound to answer such questions the majority will be content to assist. They are at liberty to levy a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some situations it is in excess of £800. The management information fee invoiced by the landlord must be sent together with a summary of entitlements and obligations in relation to administration fees, without which the charge is technically not due. In reality one has no choice but to pay whatever is demanded if you want to exchange contracts with the buyer.
Leasehold Conveyancing in Hilton - A selection of Queries before Purchasing
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Does the lease have more than 82 years remaining? Who manages the block? What is the maintenance charge and ground rent on the apartment?