I am in the throes of switching my current residential home loan to a BTL The Royal Bank of Scotland mortgage. I was told by my mortgage that I must appoint a lawyer as part of the process. I had a chat my past Hounslow conveyancing practitioner who dealt with the legals when I originally purchased the property. The quote they've given of just over five hundred pounds has taken me by surprise as its a refinance than a sale or purchase.
The estimate does seem a tad overpriced. If you are content to invest time comparing charges you might trim some of the expense by perhaps £100 plus VAT. That being said, if you were content with the legal work the firm provided you couldcome to rue choosing an an untested conveyancer. Don't forget to be sure the conveyancer can represent The Royal Bank of Scotland. You can make use of our search tool to locate a Hounslow conveyancing firm on the The Royal Bank of Scotland member panel, which can often include conveyancing solicitors in Hounslow.
Why is leasehold purchase conveyancing in Hounslow is more expensive?
In summary, leasehold conveyancing in Hounslow and elsewhere usually necessitates more hours of investigation compared to freehold transactions. This includes reviewing the lease, corresponding with the landlord about serving applicable notices, procuring up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
Do the Building Society Association intend to launch a online directory to to identify law firms on the Earl Shilton BS conveyancing panel for example in Hounslow?
We would not expect to be advised of any plans on the part of the BSA to promote such a register.
We are planning on selling our house in Hounslow and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Hounslow conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a web based conveyancing outfit as opposed to a conveyancing solicitor in Hounslow. We have lived in Hounslow for many years we know of no issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of 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 ailment)
2 months have gone by since my purchase conveyancing in Hounslow concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 premises 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.
We are FTB’s just having agreed a price on a property in Hounslow, and need to get solicitors instructed. I have made use of the different rating based websites and the quotes are from all across the England and Wales. Is it necessary to have a Hounslow conveyancer local to our potential property? I am content to do all the communicating electronically, but I guess at some point we may be required to attend the conveyancer's office to sign documents?
Generally there is no need to physically visit the office of your lawyer, they can send any relevant papers to you, which you can sign and return. Many buyers and sellers nevertheless opt to use a locally based solicitor, but it is not a prerequisite for conveyancing in Hounslow.