Why do I have to pay up front when it comes to conveyancing in Fenstanton?
If you are buying a property in Fenstanton your solicitor will ask you place them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the sale price then this should be required shortly ahead of exchange of contracts. Any further balance that is due will be payable shortly before completion.
My house in Fenstanton is up for sale and I have accepted an offer. Does my conveyancing practitioner need to be on the Lloyds conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Lloyds conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
We are aiming to move house in April. Does my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you suggest a removal company in Fenstanton. Conveyancing solicitor was organised prior to coming across this site.
On the afternoon of completion you can collect the keys from your property agent but this should only take place after the previous owners solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be given over. Subsequently you should advise the removal company that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can help you locate a residential property solicitor in Fenstanton or a solicitor that specialises in conveyancing in Fenstanton.
We previously selected solicitors locally in Fenstanton on the HSBC solicitor panel. They have just invoiced me a supplemental amount for handling the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer can charge a fee for this. This charge is not set by HSBC but by your Fenstanton solicitor. Some firms on the HSBC panel will charge ’dealing with mortgage’ fee but many practices incorporate it on their overall fee.
I am due to exchange contracts on my house. I had a double glazing fitted in April 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Aldermore are being a right pain. The Fenstanton solicitor who is on the Aldermore conveyancing panel is recommending indemnity insurance as a solution but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Fenstanton is the location of the property. Can you offer any advice?
Flying freeholds in Fenstanton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Fenstanton you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fenstanton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My step-father has recommend that I use his conveyancers in Fenstanton. Should I find my own solicitor?
There are no two ways about it the ideal way to choose a conveyancing lawyer is to seek guidance from friends or family who have experience in using the firm that you are contemplating using.