It has come to my attention via my IFA that my Snaresbrook solicitor is not on the bank Conveyancing panel. What can I do to be sure that this is correct?
Your first step should be to contact your Snaresbrook lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they may recommend you to a Snaresbrook conveyancing practice that is on the approved list of lawyers for your bank.
I have given 2 months notice to my existing landlord and must leave my rented apartment in Snaresbrook by the end of next month. Conveyancing for my house purchase has just started. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to serve notice for your tenancy unless exchange of contracts has taken place. If you have not already done so, contact to your conveyancer and urge them to they chase the sellers side, try to an agreed time frame that all parties will aim to achieve
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Snaresbrook?
There are many recorded licenced Conveyancers in Snaresbrook and Solicitor firms in Snaresbrook who provide Conveyancing services It is important to make clear that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. Both can conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
We had selected solicitors based in Snaresbrook on the Kent Reliance solicitor approved list. They are now charging me a separate charge for the legal aspects of the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your property lawyer may charge a fee for this. This charge is not set by Kent Reliance but by your Snaresbrook conveyancer. Some firms on the Kent Reliance panel will levy ’dealing with mortgage’ fee and others do not.
How can we tell if a Snaresbrook conveyancing solicitor on the HSBC panel is any good?
When it comes to conveyancing in Snaresbrook getting recommendations is a good start. 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 conveyancing.
I am purchasing a new build house in Snaresbrook with the aid of help to buy. The sellers refused to move on the price so I negotiated £7000 of additionals instead. The house builders rep told me not to tell my solicitor about the deal as it will put at risk my mortgage with HSBC Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Am I better off to instruct a Snaresbrook conveyancing solicitor who is local to the property I am hoping to buy? We have a good friend who can carry out the legal work but they are based 200kilometers away.
The benefit of a high street Snaresbrook conveyancing firm is that you can pop in to execute documents, deliver your identification documents and apply pressure on them where appropriate. Having local Snaresbrook know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were content that must surpass using an unfamiliar Snaresbrook conveyancing solicitor just because they are Snaresbrook based.