We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would much rather appoint a high street conveyancing solicitor in Storrington?
You should check but the the probability is that allocate you one of their panel solicitors where you accept the "fee-free" offer. Speak to the bank to ask if they allow a monetary alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Storrington.
I am helping my step-mother sell her flat in Storrington. Does the solicitor arrange the energy performance certificate or do I organise this?
After the demise of Home Information Packs, energy assessments was maintained a required component of moving property. An energy assessment must be to hand in advance of the property being advertised. This is not a task that law firms normally organise. Where you are using a Storrington conveyancing solicitor they might help arrange EPC’s due to their relationships with reputable local accredited person
Planning on purchasing a flat in Storrington. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS 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 Storrington solicitor is on the RBS conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Lloyds. Is it usual for Lloyds to only issue the offer once my solicitor in Storrington is approved on their conveyancing panel? Lloyds have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Lloyds to deal with your lawyer's application to be on the Lloyds conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have recentlyfound out that Stirling Law have been shut down. They conducted my conveyancing in Storrington for a purchase of a leasehold flat 18 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Storrington conveyancing specialists.
I am looking for a ground for flat up to £235,500 and found one round the corner in Storrington I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Storrington for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage that many years may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I'm remortgaging my existing house to a BTL mortgage with TSB and I will use the ballance of the raised equity towards further property. The location we are talking about is Storrington. Will your lawyers be able to act for the two banks and link together the conveyances?
Do use our search tool on this page to ensure that the conveyancers are on the appropriate lender panels. Having checked that they are your conveyancer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make apparent your desired outcome and requirements.