I am due to exchange on the purchase of a house in Hightown but as a consequence of wreckage from the recent storms I have managed to agree compensation from the owner of £3k taking the form of a adjustment in the price. This was going to be dealt with as part of amending the contract however HSBC are not allowing this. Should they have been approached?
The lawyer that is on a HSBC approved list is required to inform HSBC of any variations to the sale price. If you were to refuse your lawyer to disclose the price change to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new conveyancer for your conveyancing in Hightown.
I have been referred to a conveyancing solicitor in Hightown. I need to find out whether they are accepted on the TSB approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing to do is call your conveyancer and ask them if they can act for the bank. Otherwise you can get in touch with TSB who may be able to help.
Due to the advice of my in-laws I had a survey completed on a property in Hightown ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may not grant a mortgage on this type of property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hightown. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hightown to see if the conveyancing costs will increase in light of this.
My company is planning to lease a unit on the high street. Can you recommend lawyers offering competitive costs for commercial conveyancing in Hightown for under 1500k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Hightown, including the disposal and purchase of businesses as well as simply premises. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right firm. Regarding the charges these will vary based on the structure and terms of the deal. Please provide us with your contact information or email so as to enable us to furnish you with comprehensive commercial conveyancing quote.
We're new to the buying process - had an offer accepted, yet the agent has warned us that the vendor will only issue a contract if we appoint the agent's chosen conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family conveyancer used to conveyancing in Hightown
It is improbable the vendors are behind this. Should the owner want ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the owners direct and make sure they comprehend that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to use your preferred Hightown conveyancing lawyers - as opposed tothose that will provide their negotiator at the agency a referral fee or meet his conveyancing thresholds pre-set by senior management.