I am in the throes of swapping over from my domestic home loan to a BTL HSBC Bank mortgage. I have been informed by my broker that I require a lawyer as part of the process. I got in contact with my previous Crabtree conveyancing firm who who did the conveyancing when I previously bought the house. The costs illustration sent of just over five hundred pounds has shocked me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The estimate does seem a little steep. If you you were to look around you might reduce the fees marginally by say a hundred pounds. That being said, assuming were pleased with the legal work the firm offered you mightlive to regret choosing an an unknown solicitor. Remember to enquire the conveyancer can represent HSBC Bank. Do use our search tool to locate a Crabtree conveyancing firm on the HSBC Bank conveyancing panel, which can often include conveyancing solicitors in Crabtree.
How up to date is your search tool for Crabtree conveyancing solicitors on the Aldermore conveyancing panel? Do Aldermore send you an updated list?
Crabtree conveyancing firms themselves provide us confirmation that they are on the Aldermore conveyancing panel as opposed to being supplied with a list from Aldermore directly.
I am currently in the process of buying my council flat in Crabtree. I have a mortgage offer with Barclays. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
The mortgage over my property is with Aldermore for my property in Crabtree. Conveyancing was finalised months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Aldermore?
Your original mortgage agreement with Aldermore will provide that you need their approval before letting out your property as this is likely to be a breach of Aldermore’s mortgage conditions. It may be that Aldermore will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. You need not do this via a Aldermore conveyancing panel firm.
Completion of my remortgage has taken place for my property in Crabtree. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
How does conveyancing in Crabtree differ for newly converted properties?
Most buyers of new build residence in Crabtree approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Crabtree typically purchase 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 used to new build conveyancing in Crabtree or who has acted in the same development.
In my capacity as executor for the estate of my aunt I am disposing of a property in Monmouth but live in Crabtree. My solicitor (approximately 200 miles awayrequires that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Crabtree to witness and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Crabtree based