I am in the throes of switching my current residential mortgage to a BTL Bank of Scotland mortgage. I was told by my financial advisor that I need a lawyer as part of the process. I had a chat my past Rush Green conveyancing firm who who did the conveyancing when I first acquired the house. The quote supplied of £500 has shocked me as its a remortgage than a sale or purchase.
The estimate does seem a little steep. Where you are happy to spend time scrutinising quotes you could decrease the fees slightly by as much as £100 plus VAT. On the other hand, if you were happy with the service the firm gave you maylive to regret opting for an an untested solicitor. Remember to check that the conveyancer can also act for Bank of Scotland. Do utilise our search tool to find a Rush Green conveyancing firm on the Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Rush Green.
My partner and I are nearing an exchange on a flat in Rush Green and my parents have transferred the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has not come from me my solicitor needs to disclose this to my mortgage company. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The solicitor is obliged to check with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
three months have gone by following my purchase conveyancing in Rush Green took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey carried out on a property in Rush Green ahead of appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks will not give a mortgage on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further 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 Rush Green. Conveyancing will be smoother if you use a solicitor in Rush Green especially if they are familiar with such properties in Rush Green.
Are there any apps to assist me to locate a Rush Green solicitor on the Accord Mortgages Ltd conveyancing panel? I drive a motor bike and am happy to travel upto 25kilometers to meet the lawyer.
You can use the facility on this page. Please select a mortgage company and your location and you will see a number of Rush Green conveyancing lawyers locally. We have listed some Rush Green conveyancing firms at the bottom of this page and you can contact them to check if they are on the Accord Mortgages Ltd approved list
My estate agent has recommended their conveyancer for my conveyancing in Rush Green - won’t it be advisable to just instruct them?
This is not necessarily the case and you are free to instruct whichever solicitor you prefer for your Rush Green home move. The solicitor suggested by an estate agent may not necessarily be the right conveyancer, they may recommend their own conveyancing firm who are based remotely. In this instance you may not have contact with your lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.