It may have been a long time coming a loan offer from Santander for the refinancing of my 2 room flat is due within the next few days. Can you put forward a low cost conveyancing practitioner in Romsey?
This site is not designed to assist those in their quest for a cheap conveyancing solicitors in Romsey. Our goal is to offer value for money conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint brokers seducing you with £100 conveyancing in Romsey. In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst it will result in you paying a lot in extras and still not get the service you were hoping for.
Our god-son is purchasing a newly built flat in Romsey with a home loan from Lloyds. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am expecting a DIP from HSBC this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do HSBC recommend any Romsey solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Romsey solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
My offer was accepted on a house in Romsey on 13/12/2018, valuation was booked 2 days after, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Skipton and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Skipton conveyancing panel. Are Skipton entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
After what seems like an age I have had an offer on an apartment in Romsey accepted, but there is a chain. The vendors have put an offer on a flat, but it’s not yet tied up, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Romsey. What do I do now? At what point do I apply for the mortgage with TSB?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx one thousand pounds, then survey, Romsey conveyancing search costs, etc). First, you should ensure that your solicitor is on the TSB approved list. Regarding the subsequent phase this very much depends on the specifics of your case, attraction to this property and on the state of the market. During a hot market many purchasers will apply for a home loan with TSB and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with the conveyancing in Romsey.
Is it necessary to take out insurance to cover chancel repairs when acquiring a house in Romsey?
Unless a prior acquisition of the house completed post 12 October 2013 you can expect conveyancing practitioners delivering conveyancing in Romsey to remain encouraging a chancel search and or insurance against a claim.
Please can you clarify what options are open to me if my Romsey conveyancing searches reveals adverse entries?
Usually, the majority of problems disclosed in Romsey conveyancing search results can be addressed ahead of completion or title insurance can be obtained. You need to remember that even though you intend on purchasing the premises and may be willing to accept the search results, your building society or bank may not, and ultimately they have the final say.