I am expecting a offer of a home loan from Nat West. I would like to instruct a Licensed Conveyancer in Romford. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am purchasing a right to buy a flat in Romford. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Romford you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Romford.
I am buying a 3 bedroom semi in Romford. We would like to carry out a loft conversion at the property.Will the conveyancing process involve checks to see if these alterations were previously refused?
Your solicitor will check the registered title as conveyancing in Romford will on occasion reveal restrictions in the title documents which restrict certain alterations or necessitated the permission of another owner. Some extensions need local authority planning permissions and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
I had a mortgage agreed in principle with Clydesdale. Romford conveyancing practitioners are appointed. How long does it take for Clydesdale to send the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Clydesdale conducted the survey? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Intending to buy a apartment in Romford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money 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 Romford property lawyer is on the Virgin Money conveyancing panel.
How does conveyancing in Romford differ for newly converted properties?
Most buyers of new build residence in Romford come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Romford usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Romford or who has acted in the same development.
Over the last few months I have been searching for a flat up to £195,000 and identified one round the corner in Romford I like with a park and station in the vicinity, however it only has 52 years on the lease. There is not much else in Romford for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage the shortness of the lease may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
Taking into account that I will soon part with over three hundred thousand on a terraced house in Romford I would like to talk to a lawyer concerning thehouse move before instructing the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Romford.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Romford should be the figure that you end up paying.