I am getting a offer of a home loan from Halifax. I intend to use a Licensed Conveyancer in Burnham. Does the Halifax Conveyancing panel exclude Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I require conveyancing for a flat in a relatively new development (6 years built) in Burnham. Almost all the flats have already been occupied. Do I need carry out the conveyancing searches as part of conveyancing in Burnham?
You are taking a significant risk in refusing to carrying out Burnham conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in no uncertain terms that your solicitor conducts them. If time pressures and cost are top of your issues you should discuss with your lawyer about the options such as lack of search insurance available to you
The estate agent has sent us the confirmation of our purchase of a new build apartment in Burnham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Burnham
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I have been on the look out for a leasehold apartment up to £195,000 and found one near me in Burnham I like with a park and transport links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Burnham suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
I need to instruct a conveyancing solicitor for my conveyancing in Burnham. I happened to discover a web site which appears to be the ideal solution If there is a chance to get all the legals completed via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
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?
I have been recommended a conveyancing solicitor in Burnham. I need to find out if they are listed on the bank's conveyancing panel. Could you advise?
You should contact your solicitor and ask them if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. If they are not on the lender panel we can certainly arrange a reputable conveyancing solicitor in Burnham on the panel for your mortgage company.