We previously instructed solicitors located in Hindhead on the RBS solicitor approved list. They are now charging me an additional amount for the legal aspects of the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor can charge a fee for this. The fee is not set by RBS but by your Hindhead conveyancer. Plenty of firms on the RBS panel will levy an ‘acting for lender’ fee but many practices include it on their overall fee.
Last month we had a mortgage agreed in principle with TSB. Hindhead conveyancing practitioners have been chosen. What is the average time that one could expect to receive a mortgage offer from TSB?
Some lenders take longer than others. Have TSB done the valuation? Have you advised TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Our offer on a house in Hindhead has been agreed to, the sellers do however have a tied purchase. The sellers have offered on a property, however it’s not yet agreed to, and have viewings of other apartments booked. I have selected a high street conveyancing solicitor in Hindhead. What should be my next step? When should I get the mortgage application with Coventry BS started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of one thousand pounds, then survey, Hindhead conveyancing search fees, etc). First, you should ensure that your conveyancing practitioner is on the Coventry BS approved list. Regarding the subsequent steps this very much dictated by the uniqueness of your case, attraction to the property and on the state of the market. During a rising market the majority of purchasers would apply for the mortgage with Coventry BS and pay for the valuation and only if it was satisfactory would they request their solicitor to move forward with the conveyancing in Hindhead.
I'm buying a new build house in Hindhead with a loan from Platform Home Loans Ltd. The builders refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent suggested that I not reveal to my solicitor about the extras as it would impact my mortgage with Platform Home Loans Ltd. Do I keep my lawyer in the dark?.
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.
How does the Landlord & Tenant Act 1954 impact my commercial property in Hindhead and how can your lawyers assist?
The 1954 Act gives protection to commercial tenants, granting the legal entitlement to apply to court for a renewal tenancy and continue in occupation at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Hindhead is one of our numerous areas of the UK in which our lawyers are located
In my capacity as executor for the estate of my grandmother I am selling a residence in Cardiff but I am based in Hindhead. My conveyancer (based 235 miles awayrequires that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Hindhead to attest and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Hindhead based
What happens where there is an issue with one of the searches for our conveyancing in Hindhead?
On the whole, almost all adverse entries arising from Hindhead conveyancing search responses can be dealt with before completion or indemnity insurance may be taken. You should remember that even though you are acquiring the premises and might be willing to live with the search results, your mortgage lender may not, and ultimately have the final decision.