We had chosen solicitors locally in Hornsey on the Aldermore solicitor approved list. They are now charging me an additional amount for dealing with the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancing practitioner is entitled to levy a fee for this. This fee is not dictated by Aldermore but by your Hornsey lawyer. Numerous firms on the Aldermore panel will quote an ‘acting for lender’ fee and others do not.
My partner and I are in the process of looking at apartments in Hornsey and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with Co-operative.
It would be prudent to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are seeking a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
Intending to buy a apartment in Hornsey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC 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 Hornsey conveyancing practitioner is on the HSBC conveyancing panel.
We are intent on selling our house in Hornsey and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the purchasers are using a web based conveyancing firm as opposed to a conveyancing solicitor in Hornsey. We have lived in Hornsey for three years we know of no issue. Do we contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Hornsey is the location of the property. Can you shed any light on this issue?
Flying freeholds in Hornsey are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hornsey you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hornsey may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to switch solicitor as I have to select one who is on the Godiva Mortgages Ltd conveyancing list. I was using a high street conveyancing solicitor in Hornsey five minutes from me but the firm is not approved by Godiva Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Hornsey on the Godiva Mortgages Ltd panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Hornsey. Using search facility on this page, you can scrutinise fees for conveyancing solicitors in Hornsey and beyond.
My partner and I are acquiring a ground floor flat in Hornsey. When we first instructed property lawyer, we were told they were on all major UK lender panels. Our financial adviser contacted us yesterday to say that they don't appear to be on the UBS approved list. Were it to be true, what should we do? Do we simply pick a new lawyer that is on their panel or do we pay for dual representation, with UBS selecting their own preferred property lawyer.
If you are purchasing a property with the assistance of a mortgage it is standard for the buyer’s solicitors to also act for the purchaser's lender. In order to act for a bank or building society a conveyancing practitioner has to be on that lender's conveyancing panel. An application has to be made by the lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the solicitor has to fulfill. Some building societies now insist their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancing practitioner should call UBS to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on UBS's conveyancing panel as you are at liberty to use your preferred Hornsey lawyers, in which case it will likely add costs, and it will likely delay the transaction as you are adding another conveyancer into the equation.