Me and my partner are purchasing a 1 bedroom flat in Haggerston with a mortgage. We wish to retain our Haggerston conveyancer, however the mortgage company advise he's not on their "panel". It seems we have no choice but to appoint one of the lender panel solicitors or continue with our Haggerston conveyancer as well as pay for one of their panel firms to act for them. This feels very unfair; can we not insist that the mortgage company use our Haggerston property lawyer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Haggerston conveyancing solicitor to apply to be on the conveyancing panel.
Do the conveyancing lawyers listed on your site perform conveyancing in Haggerston by way of an attended exchange?
We do have a number of conveyancing experts carrying out one day exchanges. Please contact us to receive a fee calculation and details as to dates.
At what point does exchange of contracts occur in domestic conveyancing in Haggerston and am I required to be at the conveyancers office?
Where you are round the corner to one of the conveyancing solicitors in Haggerston you are welcome to come in to sign documents. That being said, the firms we recommend supply a nationwide conveyancing service and give just as diligent and professional a job for you when communicating with you electronically. The executing of the contract is not the point of no return. A signed contract is just a prerequisite for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Haggerston)to be in the office available at the end of the phone to exchange contracts.
I am looking for a flat up to £195,000 and identified one near me in Haggerston I like with a park and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Haggerston suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage that many years will be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
As co-executor for the will of my father I am selling a house in Monmouth but live in Haggerston. My conveyancer (approximately 250 miles awayneeds me to execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Haggerston to witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Haggerston based