Me and my partner are due to exchange buying a property in Wembley but as a consequence of damage from some water damage at the property I have was able negotiate recompense from the seller of three thousand pounds by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract yet HSBC are not allowing this. Should they have been notified?
The conveyancer that is on a HSBC approved list is required to inform HSBC of any changes to the purchase price. If you prohibit your conveyancing practitioner to report the reduction to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new conveyancer for your conveyancing in Wembley.
Can I use your services to recommend a Conveyancing solicitor in Wembley even where I’m not buying or selling a house, for instance if I intend to acquire an office in Wembley with a loan from Halifax?
The service is mainly used to help choose domestic conveyancing solicitors in Wembley but we have set out at the end of this page a few Wembley commercial conveyancing firms. You will need to make contact with the firm directly to check if they can also act for Halifax
My Solicitor in Wembley is not listed on the Yorkshire Building Society Solicitor Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are excluded from the Yorkshire Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Wembley lawyers but Yorkshire Building Society will need to instruct a lawyer on their panel. This will result in additional overall legal fees as well as cause delays.
- Get a new solicitor to to deal with the conveyancing, remembering to check they are on the Yorkshire Building Society panel
My wife and I are downsizing from our house in Wembley and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the buyers used a national conveyancing outfit as opposed to a conveyancing solicitor in Wembley. We have lived in Wembley for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Is there a reason that Wembley conveyancing costs are more expensive for leasehold and freehold properties?
When buying a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control