My financial adviser says he needs my Alvaston law firm’s panel member for the HSBC conveyancing panel. How do I find this out. I have e-mailed my local Alvaston branch but they have not got back to me yet.
You are best placed to get this information from your Alvaston property lawyer . They retain a central record lender panel numbers.
We had appointed conveyancers locally in Alvaston on the TSB solicitor approved list. They are now charging me a supplemental charge for the legal aspects of the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
Provided it is contained in their Terms of Engagement or Quote then yes your property lawyer may levy a fee for this. The fee is not set by TSB but by your Alvaston conveyancing practitioner. Numerous firms on the TSB panel will quote ’dealing with mortgage’ fee and others do not.
I recently had an offer accepted on a house in Alvaston. My mortgage broker recommended their conveyancers. I paid an on account payment of £200. A few days later, the solicitor called me to say that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Intending to buy a house in Alvaston. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society 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 Alvaston lawyer is on the Virgin Money conveyancing panel.
My wife and I have a renovated Victorian property in Alvaston. Conveyancing lawyer acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the matching property. Is it worth asking Yorkshire Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Alvaston and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one round the corner in Alvaston I like with amenity areas and station in the vicinity, the downside is that it only has 61 years on the lease. I can't really find anything else in Alvaston for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
How difficult is it to swap conveyancer as I have to retain a firm on the Clydesdale conveyancing list. I hired a high street conveyancing solicitor in Alvaston round the corner but he is not accepted by Clydesdale
It would be our pleasure to help you select a conveyancing solicitor in Alvaston on the Clydesdale panel. Please note that the law firms that we list do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Alvaston. In making use of search facility on this page, you can scrutinise fees for conveyancing solicitors in Alvaston and beyond.