After what seems like an age a mortgage offer from Santander for the refinancing of my 3 bedroom apartment is to be issued within the next few days. Could you recommend a cheap conveyancing lawyer in Tower Hill?
This site is not designed to assist those in their quest for the cheapest conveyancing in Tower Hill. Our aim is to provide excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing organisations offering the bait of low cost conveyancing in Tower Hill. In your best case scenario, in deciding on low cost conveyancing, you will end up with what you pay for and at worst you will end up paying a lot in additional fees and still not end up with the service required.
My partner and I are getting closer to an exchange on a flat in Tower Hill and my parents have sent the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has not come from me my conveyancer needs to make a notification to my lender. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your solicitor is duty bound to check with lender to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Do I have to pop into the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Tower Hill so that I can pop in to their offices when needed.
As opposed to 12 years ago, the vast majority banks no longer need their conveyancing panel lawyer to witness the mortgagors signature. It will still be necessary for you to provide ID documents and there are still distinct benefits to choosing a local solicitor, in your case a conveyancing solicitor in Tower Hill.
How does conveyancing in Tower Hill differ for new build properties?
Most buyers of new build or newly converted property in Tower Hill come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Tower Hill tend to acquire the land, 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 property lawyers 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 Tower Hill or who has acted in the same development.
As co-executor for the estate of my father I am disposing of a property in Swansea but live in Tower Hill. My solicitor (based 235 miles from meneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Tower Hill to witness this legal document for me?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are based in Tower Hill
I am searching for Tower Hill conveyancing quotes online. Can I be assured that all the Tower Hill practices that are identified on your directory are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the bank panel and agreed to advise us to take down their listing in the event of removal off of the lender panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Tower Hill conveyancing solicitor being on the bank conveyancing panel is not accurate.