My best friend’s dad is a solicitor. I suspect that I can be offered mate’s rates for conveyancing, However if that does not come through, what level of fees should I be paying for conveyancing in Cheshunt?
It’s advisable to obtain 3 or more like-for-like conveyancing quotes. Do use our search tool on this site. You will notice that amounts will be different but service levels do differ between conveyancers as is true with the vast majority of professional services.
My fiance and I intend to remortgage our maisonette in Cheshunt with Clydesdale. We have a son 19 who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Clydesdale conveyancing panel as he did not need to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Clydesdale. This is solely used to protect Clydesdale if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Clydesdale had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Will lawyers request an advanced payment when it comes to conveyancing in Cheshunt?
Where you are retaining lawyers for conveyancing in Cheshunt your lawyer will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the total price then this will be needed immediately before exchange of contracts. Any further balance that is needed should be sent to your lawyer shortly before completion.
I am buying a flat and need a conveyancing solicitor in Cheshunt who is on the Leeds Building Society conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as Cheshunt. We dont recommend any particular firm.
I'm the only beneficiary of my late mum's estate and I have everything in my name alone, including the house in Cheshunt. The Cheshunt property was put into my name in May. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', which means that my property ownership may be regarded the same way as if I'd bought the house in May. Will no one buy the property for half a year?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this clause is primarily there to pick up on the purchase and immediately sell or the flipping of properties.
We had appointed solicitors located in Cheshunt on the RBS solicitor approved list. They are now charging me a further amount for the legal aspects of the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your conveyancing practitioner may levy a fee for this. The fee is not set by RBS but by your Cheshunt property lawyer. Numerous firms on the RBS panel will quote an ‘acting for lender’ fee and others do not.
We have a mortgage agreed in principle with Principality. Cheshunt conveyancing practitioners were appointed. What is the average time that one could expect to receive a mortgage offer from Principality?
Some lenders take longer than others. Have Principality done the valuation? Have you informed Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Can a conveyancer remove someone from the title of my home in Cheshunt ?
Extracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer