We had instructed solicitors located in Crofton Park on the Nationwide solicitor panel. They have just billed me a further charge for handling the Nationwide mortgage. Is this an additional conveyancing fee specified by Nationwide?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your lawyer may charge a fee for this. The charge is not set by Nationwide but by your Crofton Park conveyancer. Plenty of firms on the Nationwide panel will levy an ‘acting for lender’ fee but many practices incorporate it on their overall fee.
How can we know in advance if a Crofton Park conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Crofton Park seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer handling your conveyancing.
Two weeks ago we had a mortgage agreed in principle with Santander. Crofton Park conveyancing lawyers have been instructed. How long does it take for Santander to send the offer to the lawyer?
Some lenders take longer than others. Have Santander done the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I require quick conveyancing in Crofton Park as I have pressure to complete inside 3 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in Crofton Park the following are instances of what can be revealed and adversely impact future saleability: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
Due to the guidance of my in-laws I had a survey completed on a property in Crofton Park prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies may refuse to give a loan on this type of home.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Crofton Park. Conveyancing may be slightly more expensive based on your lender's requirements.
Completion is due on our sale of a £150,000 apartment in Crofton Park next Thursday. The managing agents has quoted £384 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Crofton Park?
Crofton Park conveyancing on leasehold maisonettes normally involves the buyer’s solicitor sending enquiries for the landlord to address. Although the landlord is not legally bound to respond to such questions the majority will be willing to assist. They are at liberty to charge a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is over three hundred pounds, in some situations it exceeds £800. The management information fee demanded by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration fees, otherwise the invoice is technically not due. Reality however dictates that you have no option but to pay whatever is demanded should you wish to complete the sale of your home.
I am the registered owner of a first flat in Crofton Park. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to determine the sum to be paid.
An example of a Lease Extension case for a Crofton Park premises is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case was in relation to 1 flat.
I am Googling for Crofton Park conveyancing quotes online. Can I be assured that all the Crofton Park practices that are identified on your website are on the mortgage company conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Crofton Park conveyancing solicitor being on the mortgage company conveyancing panel is not accurate.