I am getting a mortgage offer from Santander. I intend to instruct a Licensed Conveyancer in Birtley. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Would the conveyancing lawyers listed on your site perform attended exchange conveyancing in Birtley?
There are a few conveyancing experts who can conduct personalised exchanges. Do call us to secure a costs illustration and details as to dates.
I moved into my home on 3 August and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Birtley advises it should be registered in a couple of weeks. Are transfers in Birtley uniquely lengthy to register?
As far as conveyancing in Birtley registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can vary subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. At present approximately three quarters of such applications are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration occurs after the buyer is living at the property so an expedited registration is not usually an essential issue but if there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.
How does conveyancing in Birtley differ for newly converted properties?
Most buyers of new build property in Birtley come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is built. This is because builders in Birtley tend to purchase the real estate, 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 conveyancing solicitors 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 Birtley or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Birtley prior to instructing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks may not grant a mortgage on such a property.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Birtley. Conveyancing will be smoother if you use a solicitor in Birtley especially if they are accustomed to such properties in Birtley.
Planning to complete next month on a basement flat in Birtley. Conveyancing lawyers inform me that they report fully next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Birtley should include some of the following:
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You should have a good understanding of the building insurance obligations How long the lease is. You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years if lease has a provision for a sinking fund for major repairs? Does the lease require carpeting throughout thus preventing wood flooring? Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice?
I am the registered owner of a basement flat in Birtley, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Comparable properties in Birtley with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 yearly. The lease ceases on 21st October 2078
With only 53 years left to run we estimate the price of your lease extension to be between £27,600 and £31,800 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.