After what seems like an age a mortgage offer from Nationwide for the refinancing of my 3 room garden flat is due imminently. Could you recommend a low cost conveyancing lawyer in Gerrards Cross and Chalfont?
You are on the wrong site if you are seeking cut-price fees for conveyancing in Gerrards Cross and Chalfont. We can offer you excellent value conveyancing but our intention is not to advertise as being the cheapest. Resist the temptation to appoint companies teasing you with low cost conveyancing in Gerrards Cross and Chalfont. In your best case scenario, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for additional fees and still not get the service you were looking for.
In the event thatI were to acquire a straightforward propertyin Gerrards Cross and Chalfont for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Gerrards Cross and Chalfont?
Any savings you would achieve would be limited to the costs for searches. A lawyer is required to do the vast majority of work - money laundering, correspond with the vendors property lawyer, stamp duty submission, register the title etc. You might save a bit for them not needing to register a charge but it will not be a lot.
We are purchasing a property and require a conveyancing solicitor in Gerrards Cross and Chalfont who is on the Nationwide solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Gerrards Cross and Chalfont.
I currently have a mortgage with Yorkshire BS for my property in Gerrards Cross and Chalfont. Conveyancing was finalised 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Yorkshire BS?
Your original mortgage agreement with Yorkshire BS will provide that you need their approval before letting out your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. You need not do this via a Yorkshire BS conveyancing panel lawyer.
I recently had an offer agreed on a house in Gerrards Cross and Chalfont. My financial adviser recommended their conveyancers. I paid an on account payment of £175. A few days later, the lawyer contacted me embarrassingly acknowledging that they were not on the TSB 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 TSB 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.
At last I have had an offer on a maisonette in Gerrards Cross and Chalfont accepted, the vendors do however have a tied purchase. The vendors have offered on a flat, however it’s not yet tied up, and have viewings of other apartments booked. I have chosen a local conveyancing solicitor in Gerrards Cross and Chalfont. What should be my next step? When should I get the mortgage application with Kent Reliance going?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx £1k, then survey, Gerrards Cross and Chalfont conveyancing search charges, etc). First, you should ensure that your property lawyer is on the Kent Reliance approved list. Regarding the subsequent steps this very much depends on the specifics of your transaction, desire for this property and on the state of the market. During a buoyant market some buyers will apply for a home loan with Kent Reliance and arrange for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to move forward with the conveyancing in Gerrards Cross and Chalfont.
Me and my brother have a 4 bedroom Edwardian house in Gerrards Cross and Chalfont. Conveyancing practitioner represented me and Bank of Scotland. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Gerrards Cross and Chalfont and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing lawyer who completed the work.
Myself and my partner have just had an offer agreed on a property and had meeting on Tuesday with HSBC for the mortgage. They advised us that when it comes to choosing a property lawyer that if they are not on their approved panel of property lawyers then we will incur a further charge of £250+. This is because they will then have to appoint a solicitor to act on their behalf in addition to the one we appoint on our behalf and we are liable for their costs. I have requested HSBC to furnish me with a list so I can request quotes only from their approved lawyers but was told they dont have such a list to hand over. What would be the best way of going about this?
Ask HSBC what their criteria for panel membership is for a conveyancer.Thereafter ask the property lawyer of your choice whether they fit that criteria and have they acted on mortgages for HSBC previously. Where the answer to those is yes, then just double check with HSBC. Another option is to make use of our search facility and we should be able to locate a conveyancing practitioner in Gerrards Cross and Chalfont on the approved list for HSBC.