I'm in the process of switching my current homeowner mortgage to a BTL Platform Home Loans Ltd mortgage. I have been informed by my broker that I require a lawyer as part of the process. I got in contact with my former Hale End conveyancing practitioner who acted on my behalf when I initially acquired the property. The fee estimate they've given of £450 plus VAT has shocked me as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The estimate does seem a little on the high side. If you you were to look around you could shave off some of the cost by perhaps a hundred pounds. On the other hand, providing that you were pleased with the service the firm provided you couldlive to regret opting for an a cheaper conveyancer. Remember to be sure that the conveyancer can represent Platform Home Loans Ltd. You can make use of our search tool to find a Hale End conveyancing firm on the Platform Home Loans Ltd approved list of lawyers, which can often include conveyancing solicitors in Hale End.
I purchased a freehold house in Hale End but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Hale End and has limited impact for conveyancing in Hale End but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
We're in Hale End, First time buyers purchasing with a mortgage (lender is Santander , and our solicitor is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How do I use the search tool to find a conveyancing lawyer in Hale End on the authorised to act for my lender?
First choose a mortgage company such as Nationwide Building Society, Bank of Scotland or Nottingham Building Society then specify your location such as Hale End. Conveyancing practices in Hale End and across England and Wales should be shown.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.