I'm in the process of porting my domestic mortgage to a BTL TSB mortgage. I have been informed by my broker that I must appoint a conveyancer for this. I got in contact with my former Chessington conveyancing solicitor who acted on my behalf when I initially acquired the house. The fee estimate sent of £575 plus disbursements has taken me by surprise as its a refinance than a sale or purchase.
The costs illustration is slightly on the high side. If you are prepared to invest time comparing charges you might get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, assuming were happy with the conveyancing the firm offered you maylive to rue choosing an an untested lawyer. If is important to ensure that the conveyancer can act for TSB. You can use our search tool to locate a Chessington conveyancing firm on the TSB approved list of lawyers, which can often include conveyancing solicitors in Chessington.
We're in Chessington, First timers purchasing with a mortgage (lender is Bank of Ireland , and our solicitor is on the Bank of Ireland conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Bank of Ireland conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Is it the case that all Chessington solicitor firms on the HSBC conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the HSBC conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do allow licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
I am expecting a DIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Chessington solicitors on the Virgin Money conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Chessington solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I recently had an offer accepted on an apartment in Chessington. My financial adviser pressured me to appoint their conveyancer. I paid an advanced payment of £175. Soon after, the conveyancer called me sheepishly admitting that they were not on the Nottingham 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 Nottingham 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Chessington prior to appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks tend not give a loan on such a home.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chessington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chessington to see if the conveyancing costs will increase in light of this.
Hoping to buy a property located in Chessington and I am already nervous. I couldn't find anything specific about Chessington. Conveyancing will be needed in due course but do you know about the Chessington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Chessington. In the meantime here are some basic statistics that we found