Finally, a loan agreement from HSBC for the refinancing of my 4 bedroom apartment is expected any day now. Are you able to suggest a cheap conveyancing lawyer in Mile End?
You have come to the wrong site to search for the lowest fares for conveyancing in Mile End. Our aim is to provide cost effective conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by companies enticing you with ninety nine pound conveyancing in Mile End. Optimistically, in deciding on cheap conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in additional fees and still not end up with the service expected.
I am selling my home in Mile End. Does my solicitor have to be on the TSB conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Me and my partner are buying a flat in Mile End. It might be a silly question but how we can trust a lawyer? On completion day we have to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We have a mortgage agreed in principle with Leeds Building Society. Mile End conveyancing solicitors are instructed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
There is no definitive answer here. Have Leeds Building Society completed the survey? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am buying a property in Mile End. A rare aspect is that the roof has a solar panel. Aldermore have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Aldermore your lawyer must follow the formal requirements contained in Part two of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Aldermore where a lease fails to comply with these requirements. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to Mile End.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Mile End is the location of the property. Can you shed any light on this issue?
Flying freeholds in Mile End are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mile End you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mile End may determine 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 residence.
My husband and I are new to the buying process - agreed a price, yet the estate agent has warned us that the owners will only issue a contract if we instruct their preferred lawyers as they need a ‘quick sale’. We would rather use a high street conveyancer who is familiar with conveyancing in Mile End
We suspect that the owner is not behind this request. If they desire ‘a quick sale', alienating a genuine buyer is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make sure they understand (a)you are serious buyers (b)you are ready to progress, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you will continue to use your own,trusted Mile End conveyancing solicitors - rather thanthe ones that will earn their negotiator at the agency a commission or achieve conveyancing figures pre-set by head office.