We had selected solicitors with offices in Halesowen on the Virgin Money solicitor approved list. They are now charging me a further charge for dealing with the Virgin Money mortgage. Is this an additional conveyancing fee specified by Virgin Money?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your lawyer can levy a fee for this. This fee is not set by Virgin Money but by your Halesowen lawyer. Some firms on the Virgin Money panel will levy ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
My husband and I have arranged a further advance on our home loan from Barclays as we intend to carry out alterations to our home in Halesowen. Are we obliged to appoint a local Halesowen solicitor on the Barclays conveyancing panel to deal with the paperwork?
Barclays would not normally require a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays conveyancing panel.
We have a mortgage agreed in principle with RBS. Halesowen conveyancing lawyers were chosen. How long does it take for RBS to forward the offer to the conveyancer?
There is no definitive answer here. Have RBS done the survey? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
A friend recommended that where I am purchasing in Halesowen I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Halesowen conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Halesowen around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Halesowen Education with maps and statistics, Local Amenities and other useful data concerning Halesowen.
I am purchasing a new build house in Halesowen with a loan from Barclays . The developers would not move on the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not reveal to my solicitor about this deal as it may adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
My company is wishing to lease a unit on the high street. Can you recommend conveyancers offering no-move-no fees for commercial conveyancing in Halesowen for under 1500k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Halesowen, including the disposal and purchase of businesses as well as simply property. Whether you are intending to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. As for the fees these will vary based on the structure and heads of terms of the proposed transaction. Let us have your details or phone us so that we may supply you with a detailed commercial conveyancing quote.
Are there any apps to help search for a Halesowen conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 15miles to meet the lawyer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Halesowen and you will see a number of lawyer located nearest Halesowen. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.