My best friend’s mother is a conveyancer. I expect that I will receive mate’s rates for conveyancing, but if not, what kind of figure should I be expecting for conveyancing in Biddulph?
Do contrast pricing. Make use of our search tool on this site. You will notice that quotes may vary but the service one can expect are distinct between conveyancers as is true with the vast majority of professional services.
Forgive me if this question is silly but I am unseasoned as a 1st time buyer of a ground floor flat in Biddulph. Do I receive the keys to the house on the completion date from my conveyancer? If so, I will find a High Street conveyancing solicitor in Biddulph?
On the day of completion you will not be required to attend the conveyancers office in Biddulph. Your solicitors will arrange to send the completion advance to the owner’s solicitors, and once they have received this, you will be called to pick up the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
I am the only beneficiary of my late grandmother’s estate and I have everything in my name alone, including the my former home in Biddulph. The Biddulph property was put into my name in February. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership may be considered the same way as though I had purchased the property in February. Will no one buy the property for half a year?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. Some banks would take a sensible view as this clause principally exists to identify subsales or the quick reselling of property.
RBS have agreed my mortgage in principle, my bid on a apartment in Biddulph has been agreed to, now what?
Your property agent will need to be informed of your property lawyer's details (be sure the lawyers are on the bank’s approved list). Call up RBS or the financial adviser and finalise any outstanding forms. RBS will appoint a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. RBS will issue the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Biddulph.
Are there restrictive covenants that are commonly identified during conveyancing in Biddulph?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Biddulph. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Biddulph is where the house is located. What do you suggest?
Flying freeholds in Biddulph are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Biddulph you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Biddulph 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 residence.
Am I better off to go with a Biddulph conveyancing lawyer in close proximity to the house I am hoping to buy? We have a good friend who can deal with the legal work but his firm is located over three hundred miles drive away.
The benefit of a local Biddulph conveyancing firm is that you can visit the firm to sign paperwork, deliver your identification documents and apply pressure on them where appropriate. Having local Biddulph know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and they were happy that should surpass using an unfamiliar Biddulph conveyancing solicitor solely due to them being Biddulph based.
I have selected a Biddulph conveyancing solicitor for our house purchase (first time buyers) and have spotted in the terms and conditions that they are not regulated by the Financial Conduct Authority. Should I be concerned or is that usually the case with property lawyer?
We can't see why they should be. Most conveyancer don't lend money. You should check that they are governed by the Solicitors Regulation Authority, who set stringent laws in relation to funds deposited by them.