At long last a loan agreement from HSBC for the remortgage of my 3 room apartment is to be issued imminently. Are you able to propose a low cost conveyancing lawyer in Yaxley?
You are on the wrong site if you are in need of cut-price fees for conveyancing solicitors in Yaxley. We can offer you cost effective conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing companies enticing you with £99 conveyancing in Yaxley. Optimistically, in being led by low cost conveyancing, you will get your money’s worth and at worst you will end up spending a lot in extras and still not receive the service required.
My partner and I have organised the release of further funds on our mortgage from Kent Reliance as we intend to carry out renovations to our house in Yaxley. Do we need to select a nearby Yaxley solicitor on the Kent Reliance conveyancing panel to handle the legals?
Kent Reliance would not normally instruct firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance list.
Completion of my purchase has taken place for my property in Yaxley. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. 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.
About to purchase apartment in Yaxley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Yaxley conveyancing practitioner is on the Kent Reliance conveyancing panel.
How does conveyancing in Yaxley differ for new build properties?
Most buyers of new build property in Yaxley contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Yaxley tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Yaxley or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £235,500 and found one close by in Yaxley I like with amenity areas and railway links nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Yaxley in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage the shortness of the lease will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I'm converting the mortgage on my primary property to a buy to let loan with Santander and intend to use the remaining equity towards a second property. The area we are talking about is Yaxley. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this site to ensure that the solicitors are on the appropriate lender panels. On the basis that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and communicate your desired outcome and needs.