I plan on buying a flat in Romford. My lawyer has never been on on the lender approved panel. Is it possible for me to use my Romford conveyancing solicitor even though they are excluded from the lender approved list?
One will need to use a lawyer to complete the formalities if you require a loan to buy your property. They will conduct all the appropriate investigations on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage paperwork is in place. One can select a Romford lawyer of your choosing. Nevertheless, if the conveyancer selected is not a member of the lender conveyancing panel further charges will be levied as separate legal representation will be required by them. Bank panel applications may be submitted, so if your conveyancer has not previously sought membership they should take the opportunity to apply.
In the event thatI were to acquire a freehold homein Romford for cash and have no survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Romford?
Any savings you would gain would be limited to the costs for searches. A property lawyer is required to do the vast majority of work - money laundering, communicating with the sellers conveyancing practitioner, SDLT return, register the property etc. A slight saving might be made by not having to register a charge however it will not be a lot.
How up to date is your database of Romford solicitors on the Leeds Building Society conveyancing panel? Do Leeds Building Society send you an updated list?
Romford conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
Is there a list of RBS panel solicitors in Romford on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. A small selection of lenders make their panel listings available on the web. If you are seeking to appoint a Romford conveyancing practitioner on the RBS please make the most of our tool.
I am expecting a AIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Romford solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Romford solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
Intending to buy a apartment in Romford. 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 Nottingham 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 Romford lawyer is on the Nottingham conveyancing panel.
3 months have gone by following my purchase conveyancing in Romford took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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.
My husband and I are novice buyers - had an offer accepted, yet the estate agent told us that the vendor will only go ahead if we use their preferred solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer who is accustomed to conveyancing in Romford
We suspect that the owner is not behind this request. If they require ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you intend to appoint your own,trusted Romford conveyancing lawyers - not the ones that will earn the estate agent a introducer fee or meet his conveyancing figures demanded by corporate headquarters.