It has come to my attention via my lender that my Shepperton solicitor is not on the lender Solicitor panel. How can I check?
The best course of action for you to take is to call your Shepperton lawyer directly. You lawyer should advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
Can I use your services to recommend a Conveyancing solicitor in Shepperton even where I’m not buying or selling a house, for instance where I want to acquire an office in Shepperton with a loan from Britannia?
Our comparison service is predominantly there to get a quote from domestic conveyancing solicitors in Shepperton but we have listed towards the end of this page a selection of Shepperton commercial conveyancing firms. You will need to make contact with the firm directly to check if they can also act for Britannia
We had instructed solicitors located in Shepperton on the HSBC solicitor panel. They have just invoiced me a supplemental sum for the legal aspects of the HSBC mortgage. Is this an additional conveyancing fee set by HSBC?
Provided it is contained in their Terms of Engagement or estimate then yes your lawyer can charge a fee for this. The fee is not set by HSBC but by your Shepperton conveyancing practitioner. Numerous firms on the HSBC panel will quote ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.
How can we tell if a Shepperton conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Shepperton obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer handling your transaction.
I was told three weeks ago that my mortgage has been agreed to by Leeds Building Society. Is it usual for Leeds Building Society to only issue the offer once my solicitor in Shepperton is approved on their conveyancing panel? Leeds Building Society have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm purchasing my first flat in Shepperton benefiting from help to buy. The sellers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not reveal to my conveyancer about the side-deal as it would affect my mortgage with the bank. Do I keep my lawyer in the dark?.
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 attracted to a couple of flats in Shepperton both have about 50 years unexpired on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease shortens the value of the lease deteriorates and it becomes more expensive to acquire a lease extension. This is why it is advisable to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on such properties. Lease extension can be a protracted process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this area.
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Shepperton conveyancing firm to represent me?
if there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to decide the premium.
An example of a Lease Extension matter before the tribunal for a Shepperton property is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The unexpired residue of the current lease was 82.93 years.
Me and my fiance have recently had an offer accepted on a house and had an appointment on Friday with Leeds Building Society for the mortgage. They have informed us that when it comes to appointing a solicitor that if they are not on their approved panel of conveyancers then we will incur a further charge of about two hundred pounds. This is because they will then have to instruct a property lawyer to act for them in addition to the one we appoint on our behalf and we assume responsibility for their invoice. I have requested Leeds Building Society to send me with a list so I can request estimates only from their approved conveyancers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is their an easier way of going about this?
You should ask Leeds Building Society what their criteria for panel membership is for a solicitor.Thereafter ask the conveyancer of your choice whether they meet the criteria and have they acted on loans for Leeds Building Society historically. Where the answer to those is yes, then just double check with Leeds Building Society. Another option is to use our search facility and we should be able to locate a lawyer in Shepperton on the approved list for Leeds Building Society.