Are you able to suggest a Lloyds TSB Bank approved Hampton Wick conveyancing lawyer who can have us moved in within 28 days? Am I best advised to choose a high street Hampton Wick solicitor or a web based firm?
We would be happy to suggest some excellent Hampton Wick conveyancing firms. You can also walk up the main road in Hampton Wick. Approach a couple of firms and request to see a conveyancing solicitor for a fee estimate. Discuss your expectations together with the reasons and ask for a commitment on speed. Appoint the one that you are most comfortable with.
When it comes to lenders such as Coventry BS, do Hampton Wick property lawyers incur a fee to be on the conveyancing panel?
We are unaware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
We were going to get a AIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Hampton Wick solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hampton Wick solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
I am selling my house. I had a double glazing fitted in June 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, TSB are being problematic. The Hampton Wick solicitor who is on the TSB conveyancing panel is recommending indemnity insurance as a solution but TSB are insisting on a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
How does conveyancing in Hampton Wick differ for newly converted properties?
Most buyers of new build residence in Hampton Wick approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Hampton Wick usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Hampton Wick or who has acted in the same development.
I opted to have a survey done on a house in Hampton Wick before appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not give a loan on such a premises.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to telephone us we can investigate further with 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 Hampton Wick. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hampton Wick to see if the conveyancing costs will increase in light of this.
Why is it not possible to complete my conveyancing in Hampton Wick on May bank holiday?
This is due to the fact that on completion the sale price needs to be transferred electronically between the banks of the buyer and seller's property lawyer and at present this can only happen on a business day. So you can't complete on a saturday or sunday either.