My wife and I are about to complete on the purchase of a property in Harmondsworth but as a result of damage from the recent storms I have managed to agree reparation from the current proprietors in the sum of £2k taking the form of a deduction in the price. This was going to be dealt with as part of a side agreement yet RBS are not allowing this. Why were they approached?
The property lawyer being on the RBS conveyancing panel is obliged to disclose to RBS of any amendments to the purchase price. If you prohibit your conveyancer to notify the reduction to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Harmondsworth.
Our lender has recommended a law firm on their panel based in Harmondsworth but I would rather choose a conveyancing lawyer in Harmondsworth round the corner to me. Can you assist?
It is by no means the case that all Harmondsworth conveyancing practitioners are listed all banks conveyancing panel. Do make use of our find an approved solicitor tool to identify a Harmondsworth conveyancing firm on the on the lender panel.
I happen to be the single recipient of my late mum's estate and I have everything in my name now, including the my former home in Harmondsworth. The Harmondsworth property was put into my name in January. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship may be treated the same way as if I'd bought the house in January. Is the property unsalable for six months?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. many banks would take a sensible view as this obligation principally exists to pick up on the purchase and immediately sell or the quick reselling of properties.
When it comes to lenders such as Virgin Money, do Harmondsworth solicitors have to pay a yearly amount to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
My offer on a house in Harmondsworth has been accepted, the vendors do however have a dependent purchase. The vendors have offered on a property, however it’s not yet agreed to, and are looking at other properties booked. I have selected a bricks and mortar conveyancing solicitor in Harmondsworth. What do I do now? At what point do I apply for the mortgage with Aldermore?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Harmondsworth conveyancing search fees, etc). The first thing to do is ensure that your conveyancing practitioner is on the Aldermore approved list. Regarding the subsequent phase this very much depends on the specifics of your transaction, motivation for the property and on the state of the market. During a hot market many home buyers would apply for the mortgage with Aldermore and pay for the valuation and only if it was satisfactory would they request their conveyancer to proceed with the conveyancing in Harmondsworth.
The deeds to our property can not be found. The solicitors who dealt with the conveyancing in Harmondsworth 4 years ago no longer exist. What are my next steps?
Gone are the days when you need to have the physical official documentation to establish that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Harmondsworth is where the house is located. What do you suggest?
Flying freeholds in Harmondsworth are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Harmondsworth you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harmondsworth may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Are there any apps to help search for a Harmondsworth conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to 25kilometers to attend the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Harmondsworth and you will see a number of lawyer located nearest Harmondsworth. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.