When can the exchange of contracts happen for domestic conveyancing in Fenny Stratford and do I need to be at the conveyancers office?
If you are round the corner to one of the conveyancing solicitors in Fenny Stratford you are welcome to come in to sign the paperwork. However, the firms we work with offer countrywide coverage for conveyancing and give as equally diligent and professional a job for you when dealing with you digitally. The executing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the firm to exchange contracts at the suitable time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fenny Stratford)to be in the office at the appropriate time.
When it comes to lenders such as HSBC, do Fenny Stratford conveyancers incur a fee to be on the list of approved solicitors?
We are not aware of any bank fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I have a mortgage with Nationwide for my property in Fenny Stratford. Conveyancing was finalised 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 BTL mortgage or inform Nationwide?
Your original mortgage agreement with Nationwide will provide that you need their approval prior to letting out your property as this is likely to be a breach of Nationwide’s mortgage conditions. It may be that Nationwide 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 Nationwide directly. It should not be necessary to do this via a Nationwide conveyancing panel firm.
Intending to buy a flat in Fenny Stratford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton 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 Fenny Stratford solicitor is on the Skipton conveyancing panel.
I am downsizing from our home in Fenny Stratford and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the buyers used a national conveyancing outfit as opposed to a conveyancing solicitor in Fenny Stratford. We have lived in Fenny Stratford for 4 years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must check with 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 life insurance to cover that same sickness)
Are there restrictive covenants that are commonly picked up as part of conveyancing in Fenny Stratford?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Fenny Stratford. 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…’
About to purchase a new build flat in Fenny Stratford. 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 conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Fenny Stratford
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. 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.
I'm remortgaging my existing house to a BTL loan with Aldermore and intend to use the remaining equity towards a second house. The neighborhood we are looking at is Fenny Stratford. Will your conveyancers be able to act for the two lenders and link together the transactions?
Make use of our search tool on this page to check that the conveyancers are on the relevant lender panels. Assuming that they are the solicitor should be able to connect the two transactions but you should talk with you lawyer and make apparent your desired outcome and needs.