The mortgage offer from HSBC for the refinancing of my 3 room apartment is due within the next few days. Are you able to recommend a low cost conveyancing law firm in Hampton Wick?
This site is not designed to aid those in pursuit of a cheap conveyancing in Hampton Wick. We can offer you affordable conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by companies enticing you with £100 conveyancing in Hampton Wick. Optimistically, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you paying a lot in extras and still not get the service required.
My fiance and I wish to acquire a newly converted flat in Hampton Wick with a mortgage from Santander.We use our Hampton Wick conveyancing lawyer but Santander says she’s not listed on their approved list of member firms. It seems we have no choice but to instruct a Santander panel lawyer or retain our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Santander use our lawyer?
Unfortunately,no. The mortgage issued to you is subject to its various provisions, a common one being that solicitors needs to be on the Santander approved list. in the past, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Santander
We are buying a flat in Hampton Wick. It might be a silly question but how we can trust a conveyancer? On completion day we will need to put our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Forgive me if this question is silly but I am unexperienced as a first time purchaser of a two bedroom flat in Hampton Wick. Do I receive the keys to the house on the completion date from my conveyancer? If so, I will instruct a local conveyancing solicitor in Hampton Wick?
On the day of completion you do not need to go to the conveyancers office in Hampton Wick. Your solicitors will arrange to send the purchase money to the owner’s conveyancers, and once they have received this, you will be invited to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
How can we tell if a Hampton Wick conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Hampton Wick getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer handling your conveyancing.
My partner and I are selling our home in Hampton Wick and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers used a factory type conveyancing firm rather than a conveyancing solicitor in Hampton Wick. Having lived in Hampton Wick for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I am buying my first flat in Hampton Wick with a loan from HSBC Bank. The builders refused to budge the price so I negotiated 6k of additionals instead. The estate agent suggested that I not to tell my lawyer about this deal as it would impact my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are there any apps to help search for a Hampton Wick conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 10kilometers to meet the solicitor.
You can use the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Hampton Wick and you will see a number of lawyer located nearest Hampton Wick. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.