We had instructed conveyancers based in Porth on the Kent Reliance solicitor panel. They have just billed me a further sum for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your solicitor is entitled to levy a fee for this. The fee is not set by Kent Reliance but by your Porth property lawyer. Some firms on the Kent Reliance panel will charge an ‘acting for lender’ fee but some practices include it on their overall fee.
My wife and I have arranged a further advance on our home loan from RBS as we want to carry out alterations to our home in Porth. Do we need to select a nearby Porth solicitor on the RBS conveyancing panel to deal with the legals?
RBS don't usually require a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS conveyancing panel.
I am selling my house. I had a double glazing fitted in November 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Kent Reliance are being difficult. The Porth solicitor who is on the Kent Reliance conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Kent Reliance are insisting on a building regulation certificate. Why do Kent Reliance have a conveyancing panel if they don't accept advice from them?
It is probably the case that Kent Reliance have referred the matter to their valuer. The reason why Kent Reliance 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.
How does conveyancing in Porth differ for new build properties?
Most buyers of new build residence in Porth contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Porth typically acquire 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 accustomed to new build conveyancing in Porth or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Porth in advance of retaining conveyancers. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may not grant a mortgage on this type of premises.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Porth. Conveyancing will be smoother if you use a solicitor in Porth especially if they regularly deal with such properties in Porth.
How do I use the search tool to get a fee calculation from a conveyancing practitioner in Porth on the authorised to act for my mortgage?
1st pick a mortgage company such as Barclays , Leeds Building Society or TSB then specify your preferred area for instance Porth. Conveyancing firms in Porth and nationally will then be identified.
I need to retain a conveyancing solicitor for remortgage conveyancing in Porth. I've chance upon a web site which appears to be the ideal solution If it is possible to get all the legals completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?