We previously selected solicitors with offices in Egham on the RBS solicitor approved list. They have just invoiced me a supplemental charge for the legal aspects of the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer may levy a fee for this. This charge is not set by RBS but by your Egham solicitor. Numerous firms on the RBS panel will quote an ‘acting for lender’ fee but plenty of practices include it on their overall fee.
We expect to receive a DIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Egham solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Egham solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
Yorkshire BS have agreed my mortgage in principle, my bid on a flat in Egham has been agreed to, now what?
The estate agent will need to be informed of your conveyancing practitioner's details (be sure the conveyancing practitioners are on the bank’s approved list). Contact Yorkshire BS or your broker and complete any relevant paperwork. Yorkshire BS will sellect a valuer who will get in contact with the estate agent or owners to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Yorkshire BS will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Egham.
Due to the input of my in-laws I had a survey completed on a house in Egham in advance of appointing solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies tend refuse to grant a loan on such a house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Egham. Conveyancing will be smoother if you use a solicitor in Egham especially if they are acquainted with such properties in Egham.
What makes your site different to other internet conveyancing solicitors when it comes to conveyancing in Egham?
At this site obtain a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Egham. Unlike many estate agents and many comparison sites we do not operate kick-back deals with solicitors. Some agents and online brokers 'recommend' solicitors paying the most commission, rather than the best value conveyancing in Egham
My husband and I are novice buyers - had an offer accepted, yet the selling agent told us that the vendor will only go ahead if we use their preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Egham
It is unlikely the vendors are behind this. Should the vendor desire ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your preferred Egham conveyancing solicitors - as opposed tothe ones that will give the negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by senior management.
Jane (my partner) and I may need to let out our Egham 1st floor flat for a while due to a career opportunity. We used a Egham conveyancing firm in 2002 but they have closed and we did not have the foresight to seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
The lease governs relations between the freeholder and you the flat owner; specifically, it will set out if subletting is banned, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Egham do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I inherited a first flat in Egham. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
in cases where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the premium.
An example of a Lease Extension decision for a Egham flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case was in relation to 1 flat. The remaining number of years on the lease was 82.93 years.