We previously selected conveyancers located in Fordingbridge on the HSBC solicitor approved list. They are now charging me an additional amount for dealing with the HSBC mortgage. Is this an additional conveyancing fee specified by HSBC?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer may levy a fee for this. This charge is not dictated by HSBC but by your Fordingbridge lawyer. Some firms on the HSBC panel will quote an ‘acting for lender’ fee and others do not.
I have paid off my mortgage with Virgin Money. I assume I don't need a Fordingbridge conveyancing practitioner on the Virgin Money panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Virgin Money mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Virgin Money mortgage from the register. Virgin Money, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
After weeks of negotiation I have agreed a price on a house in Fordingbridge. My financial adviser recommended their conveyancers. I paid an advanced payment of £225. A few days later, the lawyer contacted me embarrassingly acknowledging that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Should commercial conveyancing searches disclose impending roadworks that could impact a commercial premises in Fordingbridge?
Its becoming the norm that commercial conveyancing solicitors in Fordingbridge will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Fordingbridge. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Fordingbridge.
For each commercial conveyancing transaction in Fordingbridge it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Fordingbridge commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Fordingbridge.
It has been three months following my purchase conveyancing in Fordingbridge concluded. I have checked the Land Registry website which shows that I paid £150,000 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.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Fordingbridge I like with a park and station in the vicinity, however it's only got 49 years on the lease. There is not much else in Fordingbridge in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the shortness of the lease will be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
My business partner and I are intending to take an assignment of a lease of an office on a shopping parade. Can you recommend conveyancers offering fixed fees for non-domestic conveyancing in Fordingbridge for below 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Fordingbridge, including the disposal and purchase of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can find you the right lawyer. Regarding the fees these will vary based on the structure and nuances of the deal. Please provide us with your details or telephone so as to enable us to provide you with a fixed commercial conveyancing quote.
Whilst your website is a good idea there are many lawyers listed near Fordingbridge being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the lender approved panel?
We do not recommend specific Fordingbridge firms as the right Fordingbridge conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Fordingbridge knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..