I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would much rather appoint a high street conveyancing solicitor in Queenborough?
You should check but the the likelihood is that appoint one of their panel solicitors if you accept the "fee-free" deal. Call the bank to ask if they allow a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Queenborough.
What is the difference between a licensed conveyancer and conveyancing solicitor in Queenborough
Two types of professional can execute conveyancing in Queenborough namely CLC regulated conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the sale or acquisition of property. Both are duty bound to perform Queenborough conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that the requisite procedures will be appropriately followed.
We had appointed conveyancers located in Queenborough on the Aldermore solicitor approved list. They have just invoiced me an additional fee for the legal aspects of the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your conveyancer is entitled to levy a fee for this. This fee is not set by Aldermore but by your Queenborough conveyancer. Some firms on the Aldermore panel will charge an ‘acting for lender’ fee and others do not.
Aldermore have agreed my mortgage in principle, my bid on a apartment in Queenborough has been accepted, what happens next?
The estate agent will want to know who your solicitors are (ensure that the solicitors are on the bank’s panel). Contact Aldermore or your financial adviser and finalise any appropriate paperwork. Aldermore will instruct a valuer who will get in touch with the estate agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes on average a week for the mortgage offer to be issued. Aldermore will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Queenborough.
The estate agent has sent us the confirmation of our purchase of a new build flat in Queenborough. Conveyancing is daunting 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 are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Queenborough
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold 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?
I decided to have a survey carried out on a property in Queenborough before appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some lenders will refuse to grant a mortgage on this type of house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Queenborough. Conveyancing may be slightly more expensive based on your lender's requirements.
How much experience do your Queenborough conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Queenborough conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Queenborough conveyancers have worked on recent similar matters.