My family solicitor has sent a quote for £1700 for freehold conveyancing in Hackney Wick. I am hoping to downsize from a Edwardian house for £225,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Hackney Wick?
The estimate does seem a tad steep. Where you are willing to expend time scrutinising charges you could get the conveyancing a bit cheaper by say £125. On the other hand, you mightlive to rue choosing an an untested conveyancer. If is important to be sure that the firm can represent your lender. Do make use of our comparison tool to find a Hackney Wick conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Hackney Wick.
Is there a list of Skipton panel conveyancers in Hackney Wick on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. A small selection of lenders make their panel listings open the public over the internet. Where you are seeking to appoint a Hackney Wick conveyancer on the Skipton please use our facility.
Two weeks ago we had a mortgage agreed in principle with Co-operative. Hackney Wick conveyancing practitioners are selected. How long does it take for Co-operative to send the offer to the lawyer?
There is no definitive answer here. Have Co-operative completed the survey? Have you informed Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am buying a property in Hackney Wick. A rare aspect is that the roof has a solar panel. UBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with UBS your lawyer must check the conveyancing requirements set out in Part two of UK Finance Lenders’ Handbook for UBS. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and solicitors are required to report to UBS where a lease does not satisfy these requirements. The conditions relate to the installation of panels on properties nationwide and is not restricted to Hackney Wick.
Due to the input of my in-laws I had a survey completed on a house in Hackney Wick ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies tend not issue a mortgage on such a home.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hackney Wick. Conveyancing may be slightly more expensive based on your lender's requirements.
In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Hackney Wick and how can you help?
The 1954 Act affords security of tenure to commercial leaseholders, granting the right to apply to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Hackney Wick
I have been sourcing a conveyancing solicitor in Hackney Wick for my sale. Can I check a firm’s complaints history with the profession’s regulator?
Members of the public may review presented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA may recorded call for training reasons.
We are soon to complete buying a property in Hackney Wick but as a consequence of damage from the recent storms I have negotiated reparation from the seller of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process yet the mortgage company will not agree to this. Should they have been informed?
Your conveyancer listed on the mortgage company conveyancing panel is obliged to inform the bank of any amendments to the purchase price. If you were to refuse your solicitor to notify the price change to your bank then they would have no choice but to refrain from acting for you and the bank.