We're in Newton Aycliffe, FTBs purchasing with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
The formalities of my purchase has taken place for my property in Newton Aycliffe. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact 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.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Newton Aycliffe building society branch on various occasions and was reassured it wasn't an issue and they will lend. My Newton Aycliffe conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the solicitor is on the mortgage company approved list, she or he must adhere to the Council of Mortgage Lenders’ Handbook requirements for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Intending to buy a house in Newton Aycliffe. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Newton Aycliffe conveyancing practitioner is on the Nationwide conveyancing panel.
I have recentlyfound out that Action Conveyancing have closed. They carried out my conveyancing in Newton Aycliffe for a purchase of a leasehold apartment 18 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Newton Aycliffe conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Newton Aycliffe ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders tend not grant a mortgage on such a property.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Newton Aycliffe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Newton Aycliffe to see if the conveyancing will be more expensive.
I need to appoint a conveyancing solicitor for sale conveyancing in Newton Aycliffe. I've chance upon a site which seems to have the perfect answer If it is possible to get all this stuff done via email that would be ideal. Do I need to be concerned? What should out be looking out for?
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?
We are looking to acquire a repossessed house in Newton Aycliffe and the bank selling demand completion inside 28 days. Can a conveyancing practitioner complete in this timeframe? Would it be better to select a local Newton Aycliffe firm or an online conveyancer that advertises to complete quickly?
Attend your Newton Aycliffe shopping parade. Go in to 3 solicitor’s offices and request to see a conveyancing solicitor for an estimate. Explain your situation and try and obtain a commitment on deadlines. Choose the firm that seems most genuine. Make sure to use a conveyancing practitioner on the list of lawyers who can act for your bank.