After what seems like an age a loan offer from Santander for the refinancing of my 2 room garden flat is to be issued imminently. Are you able to propose a cheap conveyancing law firm in Hilton?
You are on the wrong site if you are in need of a cheap conveyancing solicitors in Hilton. Our goal is to offer value for money conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint organisations offering low cost conveyancing in Hilton. At best, in going for low cost conveyancing, you will earn what you pay for and at worst you will end up invoiced for extras and still not end up with the service required.
I am only a couple days away from an exchange on a property in Hilton and my parents have transferred the ten percent deposit to my lawyer. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I advised the lender about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
The property lawyer is duty bound to clarify with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
How can we tell if a Hilton conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in Hilton obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your transaction.
It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Hilton bank branch on various occasions and was informed it wasn't a problem and they will lend. My Hilton conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The conveyancing practitioner must follow the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I recently had an offer agreed on an apartment in Hilton. My mortgage broker pressured me to appoint their conveyancer. I paid an upfront payment of £175. Shortly after, the property lawyer called me to say that they were not on the Santander 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 Santander 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.
I have justbeen informed that Stirling Law have closed. They conducted my conveyancing in Hilton for a purchase of a freehold house 10 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The quickest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hilton conveyancing specialists.
I am buying a new build flat in Hilton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hilton
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.