Me and my fiance are intending to acquire a 1 bedroom flat in Honor Oak with a mortgage. We like our Honor Oak lawyer, however the bank says he's not on their "panel". We have to appoint one of the mortgage company panel firms or keep our Honor Oak conveyancer and pay for one of their panel ones to act for them. This feels very unfair; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, 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 Honor Oak conveyancing lawyer to apply to be on the conveyancing panel.
We are due to complete on the purchase of a house in Honor Oak but as a consequence of wreckage from the recent storms I have was able negotiate recompense from the owner in the sum of £2k taking the form of a reduction in the price. I had intended this to be addressed as part of amending the contract but RBS are not allowing this. Should they have been informed?
Your property lawyer that is on a RBS conveyancing panel is duty bound to disclose to RBS of any amendments to the purchase price. If you prohibit your lawyer to disclose 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 Honor Oak.
I moved into my home on 10 May and the transaction details is not yet registered. Need I be worried? My conveyancing solicitor in Honor Oak said it should be dealt with in a couple of weeks. Are properties in Honor Oak particularly slow to register?
As far as conveyancing in Honor Oak is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether it is in order and if the Land registry communicate with any 3rd persons or bodies. At present approximately three quarters of submission are fully addressed in less than three weeks but occasionally there can be extensive delays. Registration is effected once the new owner has moved in to the premises thus an expedited registration is not typically top priority yet where there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.
Due to the input of my in-laws I had a survey completed on a house in Honor Oak in advance of instructing solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies will not give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Honor Oak. Conveyancing will be smoother if you use a solicitor in Honor Oak especially if they are familiar with such properties in Honor Oak.
I need to retain a conveyancing solicitor for residential conveyancing in Honor Oak. I have discover a site which appears to be the perfect solution If there is a chance to get all the legals completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I need to find a lender panel solicitor in Honor Oak. Could you help me?
It is not clear why you need a Honor Oak panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Honor Oak are on their panel . If you do find such a firm in Honor Oak not listed please direct them to our site to list. After all the cost is only one £1 a month