We have a mortgage agreed in principle with Santander. Royston conveyancing solicitors have been appointed. How long does it take for Santander to issue the offer to the conveyancer?
There is no definitive answer here. Have Santander completed the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
About to purchase maisonette in Royston. 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 Aldermore 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 Royston solicitor is on the Aldermore conveyancing panel.
Our sealed bid on a house in Royston has been agreed to, the owners do nevertheless have a dependent purchase. The sellers have offered on a property, however it’s not yet tied up, and have viewings of other apartments booked. I have instructed a local conveyancing solicitor in Royston. What do I do now? When do I get the mortgage application with HSBC going?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is approx one thousand pounds, then valuation, Royston conveyancing search costs, etc). First, you must ensure that your conveyancer is on the HSBC approved list. Regarding the subsequent phase this very much dictated by the circumstances of your case, desire for this property and on the state of the market. During a buoyant market the majority of purchasers would apply for a home loan with HSBC and pay for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to press on with the conveyancing in Royston.
It has been five months following my purchase conveyancing in Royston completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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.
I opted to have a survey carried out on a house in Royston ahead of instructing lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some banks will not grant a loan on such a home.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Royston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Royston to see if the conveyancing costs will increase in light of this.
I have been pointed in your direction by a couple of local estate agents in Royston to find a property lawyer on your site. Is there a financial upside for Estate Agents to recommend your site rather than alternative conveyancing organisations?
We refuse to give any referral fee for directing people to this site. We found it would be just too difficult to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My step-father has urged me to appoint his conveyancers in Royston. Should I use them?
Much as we are happy to recommend a Royston conveyancing lawyer the ideal way to choose a conveyancing solicitor is to get guidance from friends or relatives who have experience in using the conveyancer that you are are thinking of instructing.
What advice do you have for searching for freehold conveyancing in Royston?
Option 1 is to ask the people you trust who they used in the past and if they were happy with the service. Second, use a search tool on the web for conveyancing in Royston. Telephone a couple or more firms from the list and ask them to email you their conveyancing charges and speak to the lawyer who will handle your conveyancing before you commit. Third is to use this site to help you find the right solicitors for you based on your unique factors including location,speed, complexity and who the proposed lender is.Avoid the trap of appointing £99 conveyancing solicitors in Royston