Why is leasehold purchase conveyancing in Flint is more expensive?
The conveyancing charges for a leasehold premises in Flint is often more expensive as compared to a freehold property. This is due to the supplemental investigations required in dealing with the landlord and managing agents to obtain evidence about whether the rent and service charges have been cleared and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
My brother-in-law has suggested I instruct a conveyancing solicitor in Flint. I I am struggling to find out whether they are accepted on the Nationwide Building Society conveyancing panel. Could you assist?
You should e-mail the solicitor and enquire if they can act for the lender. Alternatively please get in touch with Nationwide Building Society who may be able to help.
I am assisting my aunt sell her property in Flint. Does the conveyancing solicitor order the EPC or do I organise this?
Following the abolition of Home Information Packs, energy assessments was kept a mandatory element of moving property. An energy assessment should be commissioned before the property is placed on the market. It is not something that lawyers normally organise. Where you are instructing a Flint conveyancing lawyer they might be able to arrange EPC’s given their contacts with reputable Flint assessors
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Flint bank branch on a couple of occasions and was reassured it wasn't an issue and they would lend. My Flint conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Provided that the conveyancing practitioner is on the mortgage company panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I recently had an offer accepted on an apartment in Flint. My mortgage broker recommended their conveyancers. I paid an advanced payment of £175. Not long after, the lawyer called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
We are buying a property and the conveyancer has raised the issue of Chancel Repair to which the house may be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this really required for conveyancing in Flint
Unless a prior acquisition of the premises took place after 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Flint to remain encouraging a chancel search and or insurance against a claim.
I opted to have a survey done on a house in Flint in advance of appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some lenders may refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Flint. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I appoint a Flint conveyancing lawyer based in the vicinity that I am purchasing? We have a good friend who can perform the legal work however they are based a couple of hundredkilometers away.
The primary upside of using a local Flint conveyancing practice is that you can pop in to execute documents, present your ID and pester them if necessary. They will also have local knowledge which is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and in the main were content that must surpass using an unknown Flint conveyancing solicitor solely due to them being based in the area.