I am purchasing a new build flat in Blackfen. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Blackfen you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Blackfen.
I am helping my aunt sell her property in Blackfen. Does the conveyancing solicitor commission an EPC or do I organise this?
After the abolition of HIPs, energy performance certificates was kept a required element of moving house. An energy assessment should be to hand before the property is placed on the market. It is not as aspect of the sale process that conveyancers ordinarily arrange. If you are instructing a Blackfen conveyancing solicitor they may be willing to arrange energy performance certificates given their relationships with long established Blackfen providers
I have a mortgage with Nottingham for my property in Blackfen. Conveyancing was finalised months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?
Nottingham must be informed of your intention before renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. It should not be necessary to do this via a Nottingham conveyancing panel firm.
Kent Reliance have agreed my mortgage in principle, my bid on a property in Blackfen has been accepted, what happens next?
Your property agent will need to be informed of your property lawyer's details (ensure that the lawyers are on the lender’s panel). Contact Kent Reliance or the broker and finish off any relevant forms. Kent Reliance will sellect a valuer who will get in contact with the estate agent or vendor to book an appointment. Once carried out (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Kent Reliance 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 Blackfen.
What does a local search reveal concerning the property I am purchasing in Blackfen?
Blackfen conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for instance Searchflow The local search is essential in every Blackfen conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
How does conveyancing in Blackfen differ for newly converted properties?
Most buyers of new build or newly converted property in Blackfen contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because builders in Blackfen typically acquire 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 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 Blackfen or who has acted in the same development.
I need to instruct a conveyancing solicitor for residential conveyancing in Blackfen. I happened to land on a site which looks to be the perfect answer If there is a chance to get all the legals done via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I have just had an offer accepted on a apartment and had meeting on Wednesday with Nationwide for the mortgage. They have informed us that when it comes to appointing a lawyer that unless they are on their approved list of conveyancing practitioners then we will have to pay out an additional fee of £200. This is is due to the fact that they would then have to appoint a conveyancer to act on their behalf in addition to the one we choose to act for ourselves and we assume responsibility for their fees. I have asked Nationwide to provide me with a list so I can obtain estimates only from their approved lawyers but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a list online?
You should ask Nationwide what their criteria for joining their panel is for a conveyancer.Thereafter ask the solicitor of your choice whether they fit that criteria and have they acted on loans for Nationwide previously. If the answer to those is yes, then just clarify this with Nationwide. Alternatively please utilise our search facility and we should be able to locate a solicitor in Blackfen on the panel for Nationwide.