My brother-in-law has suggested I instruct a conveyancing solicitor in Brompton. I I am struggling to find out if they are accepted on the Britannia approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing to do is contact your lawyer and ask them if they can act for the lender. Alternatively please get in touch with Britannia who may be able to help.
What is your number one tip for finding a conveyancing solicitor in Brompton
We would encourage you not to go for the cheapest Brompton conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We have a mortgage agreed in principle with HSBC. Brompton conveyancing solicitors were instructed. What is the average time that one could expect to receive a mortgage offer from HSBC?
Some lenders take longer than others. Have HSBC conducted the survey? Have you advised HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We were going to get a AIP from Bank of Ireland 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 Bank of Ireland recommend any Brompton solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Brompton solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
I am purchasing a new build house in Brompton with a loan from HSBC Bank. The sellers refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about the side-deal as it may jeopardize my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I opted to have a survey done on a house in Brompton ahead of retaining lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders tend not give a mortgage on such a house.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Brompton. Conveyancing will be smoother if you use a solicitor in Brompton especially if they are accustomed to such properties in Brompton.
My step-father has urged me to use his conveyancing solicitors in Brompton. Should I choose my own property lawyer?
Much as we are happy to recommend a Brompton conveyancing lawyer the ideal way to select a conveyancing practitioner is to seek referrals from friends or relatives who have actually previously instructed the conveyancer that you are contemplating using.
I wish to let out my leasehold apartment in Brompton. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
Notwithstanding that your previous Brompton conveyancing solicitor is no longer available you can review your lease to check if you are permitted to let out the property. The rule is that if the deeds are silent, subletting is allowed. There may be a precondition that you need to obtain consent from your landlord or other appropriate person before subletting. This means that you cannot sublet in the absence of first obtaining consent. Such consent should not be unreasonably withheld. If the lease does not allow you to sublet you should ask your landlord if they are willing to waive this restriction.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Brompton conveyancing firm to represent me?
Most definitely. We are happy to put you in touch with a Brompton conveyancing firm who can help.
An example of a Lease Extension case for a Brompton premises is Flat 3 47 Cadogan Square in December 2010. the Tribunal determined that the premium payable to the landord by the leaseholder for the lease extension was £732,935 This case related to 1 flat. The unexpired term as at the valuation date was 13.33 years.