We have very pushy sellers who has recommended a lock out agreement with a down payment of 5k. Are such agreements the norm for Hedge End and Botley conveyancing transactions?
This kind of agreement is unusual in Hedge End and Botley, conveyancers will often direct clients away from them as they detract from the primary focus, namely conveyancing and if you end up losing your deposit then the solicitor is left exposed. In addition, there is no guarantee that just because the owner has signed an exclusivity agreement they will complete the sale with you. They may be in contravention of the agreement if they receive a large enough financial inducement to do so because a wronged party with the benefit of a exclusivity agreement will still have to show losses as a consequence of the breach and these may not equalise the extra amount that your seller may secure by breaching the agreement, however morally shameful that may be.
What happens if my solicitor is expelled from the Clydesdale Conveyancing panel ahead of completing my conveyancing in Hedge End and Botley?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
We are buying a flat in Hedge End and Botley. I might seem paranoid but how we can trust a solicitor? At some point we have to put money into their account. What is the protection we have from them run away with our deposit?
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.
Can I be sure that the Hedge End and Botley conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Hedge End and Botley seeking 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 recommend that you speak with the solicitor handling your transaction.
Completion of my remortgage has taken place for my property in Hedge End and Botley. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My wife and I have a semi-detached Victorian house in Hedge End and Botley. Conveyancing practitioner acted for me and Clydesdale. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read 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 Hedge End and Botley and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing solicitor who conducted the purchase.
Due to the advice of my in-laws I had a survey completed on a house in Hedge End and Botley before appointing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some banks may refuse to issue a loan on such a premises.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hedge End and Botley. Conveyancing will be smoother if you use a solicitor in Hedge End and Botley especially if they are acquainted with such properties in Hedge End and Botley.
I'm remortgaging my current home to a buy to let loan with Aldermore and intend to use the remaining equity towards a second house. The area we are talking about is Hedge End and Botley. Will your solicitors be able to act for the two lenders and tie in the conveyances?
Make use of our search tool on this site to check that the lawyers are on the appropriate lender panels. Having checked that they are your solicitor should be able to connect the two conveyancing matters but you should talk with you solicitor and make apparent your desired outcome and requirements.