I have just started taking steps with the intention of porting my domestic home loan to a BTL Nottingham Building Society mortgage. I have been informed by my broker that I need a conveyancer for this. I spoke to my former Hampton Hill conveyancing solicitor who acted on my behalf when I first acquired the property. The quote sent of just over five hundred pounds has surprised me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate does seem a tad on the high side. If you you were to look around you might decrease the fees marginally by say £125. That being said, assuming were pleased with the service the firm gave you mightlive to rue opting for an an untested solicitor. If is important to enquire that the firm can also act for Nottingham Building Society. You can use our search tool to find a Hampton Hill conveyancing firm on the Nottingham Building Society conveyancing panel, which can often include conveyancing solicitors in Hampton Hill.
We note that you have a search directory listing solicitors on the Santander conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Hampton Hill?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hampton Hill.
I am considering applying for a Co-operative mortgage for purchase of a newly converted (under development) in Hampton Hill with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Co-operative ?
In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Will our conveyancer be asking questions concerning flooding as part of the conveyancing in Hampton Hill.
The risk of flooding is if increasing concern for solicitors dealing with homes in Hampton Hill. Some people will buy a property in Hampton Hill, fully expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Conveyancers are not best placed to give advice on flood risk, but there are a number of searches that may be initiated by the purchaser or by their conveyancers which should give them a better understanding of the risks in Hampton Hill. The conventional set of property information forms sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the seller to discover if the premises has suffered from flooding. In the event that flooding has previously occurred and is not revealed by the vendor, then a buyer may commence a legal claim for losses as a result of such an incorrect answer. A buyer’s lawyers will also commission an enviro report. This will disclose whether there is any known flood risk. If so, additional inquiries will need to be initiated.
The deeds to our property can not be found. The solicitors who conducted the conveyancing in Hampton Hill 10 years ago are no longer around. Will I be able to sell the house?
As long as you have a registered title the details of your ownership will be recorded by the Land Registry with a Title Number. It is easy to carry out a search at the Land Registry, locate your house and obtain up to date copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
My boyfriend is buying a leasehold flat in Hampton Hill. He was given a quote by the lawyer connected to the estate agents and it came to £1300 . It was eight years ago I sold and purchased a property and the bill was £500. Have charges really increased to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Hampton Hill searches, land registry fees, etc)