We note that you have a search directory listing firms on the Aldermore conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Redbridge?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Redbridge.
The formalities of my remortgage has taken place for my property in Redbridge. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I am due to exchange contracts on my house. I had a double glazing fitted in June 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Principality are being problematic. The Redbridge solicitor who is on the Principality conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Principality are insisting on a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?
It is probably the case that Principality have referred the matter to their valuer. The reason why Principality 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.
After what seems like an age I have had an offer on an apartment in Redbridge agreed to, but there is a chain. The vendors have offered on a property, however it’s not been accepted yet, and have viewings of other flats booked. I have chosen a high street conveyancing solicitor in Redbridge. What should be my next step? When should I get the mortgage application with Principality started?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Redbridge conveyancing search costs, etc). First, you should check that your property lawyer is on the Principality conveyancing panel. Concerning the subsequent steps this very much depends on the uniqueness of your case, attraction to this property and on the state of the market. During a hot market the majority of home buyers would apply for the mortgage with Principality and pay for the valuation and only if it was satisfactory would they pay their solicitor to press on with searches.
It has been 2 months following my purchase conveyancing in Redbridge completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Redbridge is the location of the property. Is there any advice you can give?
Flying freeholds in Redbridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Redbridge you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Redbridge may decide 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 property.
We're FTB’s - had an offer accepted, yet the agent told us that the owners will only move forward if we instruct their chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a local solicitor used to conveyancing in Redbridge
We suspect that the owner is not behind this demand. Should the seller require ‘a quick sale', turning down a genuine purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and make the point that (a)you are serious buyers (b)you are ready to progress, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you are going to appoint your own,trusted Redbridge conveyancing solicitors - not the ones that will give the negotiator at the agency a commission or meet his conveyancing targets set by senior management.