My fiance’s brother is a conveyancer. I suspect that I will receive mate’s rates for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Old Ford?
You should contrast pricing. Do use our search tool on this site. You will notice that charges do contrast greatly but service levels do differ between property lawyers as is the case with the vast majority of professional services.
My partner and I are getting closer to an exchange on a house in Old Ford and my parents have sent the 10% deposit to my solicitor. I am now informed that as the deposit has not arrived from me my conveyancing practitioner needs to make a notification to my mortgage company. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?
The solicitor is legally required to clarify with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Is there a search tool that I can use to discover of the solicitor conducting my conveyancing in Old Ford is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus spending £192.00 in another set of conveyancing invoice.
You should take advantage of the search tool on this web page. Pick the mortgage company and type ‘Old Ford’ or your preferred area and you will be presented with numerous conveyancers located in Old Ford or near you.
I have been on the look out for a flat up to £245,000 and found one round the corner in Old Ford I like with amenity areas and station in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Old Ford suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I'm remortgaging my current house to a BTL mortgage with HSBC Bank and I will use the ballance of the raised equity as a down payment on another property. The area we are talking about is Old Ford. Will your lawyers be able to act for both sets of mortgage companies and link together the two deals?
Do use our search tool on this site to check that the lawyers are approved by both lenders. On the basis that they are your solicitor should be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.
In my capacity as executor for the will of my aunt I am disposing of a house in Swansea but reside in Old Ford. My lawyer (who is 200 miles from meneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Old Ford who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Old Ford