Me and my partner are due to exchange buying a house in Flintshire but as a consequence of wreckage from the recent storms I have managed to agree recompense from the vendor of £2k by way of a deduction in the price. This was going to be addressed as part of amending the contract however Coventry BS are not allowing this. Should they have been informed?
Your lawyer that is on the Coventry BS approved list is obliged to disclose to Coventry BS of any amendments to the sale price. If you prohibit your property lawyer to disclose the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new property lawyer for your conveyancing in Flintshire.
How up to date is your search tool for Flintshire conveyancing solicitors on the Santander conveyancing panel? Do Santander send you an updated list?
Flintshire conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
Is there a search tool that I can utilise to check that the solicitor conducting my conveyancing in Flintshire is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Britannia thus paying £175.00 in additional conveyancing fees.
Feel free to take advantage of the search tool on this web page. Please choose the lender and type ‘Flintshire’ or your preferred area and you will discover a number of lawyer located in Flintshire or near you.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Flintshire is the location of the property. Is there any guidance you can give?
Flying freeholds in Flintshire are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Flintshire you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Flintshire may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Do you have any top tips for leasehold conveyancing in Flintshire with the purpose of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in Flintshire can be avoided if you get in touch lawyers as soon as your agents start marketing the property and ask them to collate the leasehold information needed by the buyers’ representatives. If there is a history of any disputes with your landlord or managing agents it is very important that these are resolved before the property is marketed. The buyers and their solicitors will be concerned about purchasing a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as historic as opposed to unresolved. If you are supposed to have a share in the Management Company, you should make sure that you hold the original share document. Organising a duplicate share certificate is often a time consuming formality and delays many a Flintshire conveyancing deal. If a new share is necessary, do contact the company officers or managing agents (if relevant) for this as soon as possible. You may think that you are aware of the number of years left on your lease but it would be wise to double-check via your lawyers. A purchaser's lawyer will be unlikely to recommend their client to where the lease term is under 80 years. It is therefore important at an early stage that you identify whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale.
Leasehold Conveyancing in Flintshire - A selection of Queries before buying
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The majority of Flintshire leasehold flats will incur a service bill for maintenance of the block levied by the freeholder. If you purchase the property you will have to pay this charge, normally quarterly throughout the year. This may differ from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent for you to pay annual, ordinarily this is not a large amount, say about £50-£100 but you should to check it because sometimes it could be many hundreds of pounds. Does the lease have onerous restrictions? The answer will be helpful as a) areas could cause problems in the building as the communal areas may start to deteriorate if maintenance remain unpaid b) if the tenants have a dispute with the managing agents you will want to have complete disclosure
I have been recommended a conveyancing solicitor in Flintshire. I I would like to check if they are listed on the lender's approved list of lawyers. Can you advise?
You should call your solicitor to check if they are on the bank's panel. If that does not help call us and we can make some checks for you. Should the firm not be on the lender panel we can certainly arrange a specialist conveyancing solicitor in Flintshire on the panel for your lender.