It has taken forever and a day but a mortgage offer from NatWest for the refinancing of my 2 room maisonette is due within the next few days. Can you recommend a cheap conveyancing law firm in Ottershaw?
This site is not designed to assist those in pursuit of the lowest fares for conveyancing solicitors in Ottershaw. We can offer you excellent value conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint companies offering the bait of £99 conveyancing in Ottershaw. Optimistically, in choosing a lawyer for low cost conveyancing, you will earn what you pay for and at worst you will end up being stung for extras and still not get the service you were hoping for.
Last September we completed a house move in Ottershaw. We have noticed several problems with the property which we consider were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Ottershaw?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Ottershaw. Conveyancing searches and due diligence initiated as part of the buying process are carried out to help avoid problems. As part of the process, a property owner fills in a form referred to as a Seller’s Property Information Form. If the information provided is inaccurate, then you may have a claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Ottershaw.
At what point does exchange of contracts take place for sale conveyancing in Ottershaw and am I required to be at the solicitors office?
Where you are in close proximity to our conveyancing solicitors in Ottershaw you are invited in to sign documents. However, the lender approved solicitors we recommend offer a nationwide conveyancing service and provide just as diligent and professional a job for you when communicating with you by post or email. The executing of the purchase agreement is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to address the formalities at the suitable time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Ottershaw)to be in the office at the appropriate time.
My wife and I buying a detached bungalow in Ottershaw. We would like to convert the garage to a playroom at the property.Will the conveyancing process include checks to determine if these works are permitted?
Your solicitor will review the registered title as conveyancing in Ottershaw will on occasion reveal restrictions in the title documents which prevent certain works or necessitated the consent of a 3rd party. Certain works call for local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
is it true that all Ottershaw solicitor firms on the HSBC conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the HSBC approved list of solicitors they would need to be governed by the SRA. Some banks do list licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
I am due to exchange contracts on my flat. I had a double glazing fitted in May 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Co-operative are being a right pain. The Ottershaw solicitor who is on the Co-operative conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I'm buying a new build house in Ottershaw with a loan from Leeds Building Society. The builders refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my conveyancer about the extras as it could put at risk my mortgage with the lender. 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.
I am looking for a ground for flat up to £305k and identified one near me in Ottershaw I like with a park and railway links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Ottershaw for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.