My fiancee and I are acquiring our first house. The conveyancer has messagedto check if we wish to order extra conveyancing searches. As novices we in the dark as to what's relevant for conveyancing in Earlsfield
The extent of Earlsfield conveyancing searches depends primarily on the property, the location, the possibility of any of these risks, your familiarity of the area and risks, your general approach to risk. What matters is that you properly appreciate what information the searches could give you. Then you can make a decision if you personally think you need that information. If in doubt, ask your solicitor to guide you.
My property lawyer in Earlsfield has never been on on the Yorkshire Building Society Solicitor Panel. Is it possible for me to continue with my family solicitor even though they are excluded from the Yorkshire Building Society list of approved lawyers?
Your options are as follows:
- Complete the purchase with your preferred Earlsfield lawyers but Yorkshire Building Society will need to use a conveyancer on their panel. This will inevitably rack up the total conveyancing fees and result in delays.
- Find an alternative practitioner to act in the conveyancing, obviously checking they are Yorkshire Building Society approved.
- Try to convince your Yorkshire Building Society based solicitor to try to join the Yorkshire Building Society panel
I have today made my last payment due on my mortgage with Yorkshire BS. I assume I don't need a Earlsfield conveyancer on the Yorkshire BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
The mortgage over my property is with Virgin Money for my property in Earlsfield. Conveyancing has been completed months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Virgin Money?
Your original mortgage agreement with Virgin Money will provide that you need their approval before letting out your property as this is likely to be a breach of Virgin Money’s mortgage conditions. It may be that Virgin Money will allow you to rent 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 Virgin Money directly. It should not be necessary to do this via a Virgin Money conveyancing panel solicitor.
Planning on purchasing a apartment in Earlsfield. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Earlsfield property lawyer is on the Nationwide conveyancing panel.
I am close to exchanging contracts on the sale of our property in Earlsfield and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Earlsfield conveyancer would know this is not the case. For the life of me I don't know why the buyers used an online conveyancing outfit as opposed to a conveyancing solicitor in Earlsfield. We have lived in Earlsfield for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to get confirmation need.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am looking into buying my first house which is in Earlsfield and I am already nervous. I couldn't find anything specific about Earlsfield. Conveyancing will be needed in due course but do you know about the Earlsfield area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Earlsfield. In the meantime here are some basic statistics that we found
We're first time buyers - agreed a price, but the agent advised that the seller will only move forward if we appoint the agent's chosen lawyers as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Earlsfield
It is improbable the sellers are behind this. Should the seller want ‘a quick sale', alienating a genuine buyer is likely to cause more damage than good. Speak to the owners direct and make sure they comprehend that (a)you are genuine purchasers (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Earlsfield conveyancing solicitors - as opposed tothe ones that will provide the estate agent a introducer fee or achieve conveyancing targets pre-set by head office.