I am hoping to receive a mortgage with Santander. I would like to enlist the help of a Licensed Conveyancer in Frampton on Severn. Does the Santander Conveyancing panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We have rather pushy vendors who has suggested a lock out agreement with a payment 6,000. Are such agreements appropriate for Frampton on Severn conveyancing transactions?
Exclusivity agreements are agreements between a home seller and prospective buyer giving the buyer the sole right to purchase the premises for a set period of time. Essentially, an exclusivity agreement is a contract specifying that you will be issued with a contract at a later date being the main conveyancing contract. It is generally utilised for buyer assurance though in many situations, the seller may enjoy an upside from such agreements as well. There are various positives and negatives to using them but you should to check with your solicitor but beware that it may end up costing you extra in conveyancing charges. In light of this these agreements are not popular in relation to conveyancing in Frampton on Severn.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Frampton on Severn?
There are two types of lawyers who can conduct conveyancing in Frampton on Severn namely CLC regulated conveyancers or solicitors. The two can administer the legal services that you need to complete the disposal or acquisition of property. They are both obliged to perform Frampton on Severn conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be properly conducted and that all necessary procedures will be correctly followed.
We had chosen solicitors locally in Frampton on Severn on the Kent Reliance solicitor approved list. They have just invoiced me a separate fee for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. This charge is not set by Kent Reliance but by your Frampton on Severn solicitor. Plenty of firms on the Kent Reliance panel will charge ’dealing with mortgage’ fee but many practices incorporate it on their overall fee.
I am buying a property in Frampton on Severn. A rare aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Skipton your lawyer must follow the conveyancing instructions contained in Section two of UK Finance Lenders’ Handbook for Skipton. The CML Handbook includes minimum specifications for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease does not satisfy these provisions. The specifications relate to the installation of panels on properties in England and Wales and is not restricted to Frampton on Severn.
My relative suggested that if I am purchasing in Frampton on Severn I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Frampton on Severn conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Frampton on Severn around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Frampton on Severn Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Frampton on Severn Education with plans and statistics, Local Amenities and other useful information regarding Frampton on Severn.
Are there restrictive covenants that are commonly identified during conveyancing in Frampton on Severn?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Frampton on Severn. 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…’
I decided to have a survey carried out on a property in Frampton on Severn ahead of appointing solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies may not grant a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Frampton on Severn. Conveyancing may be slightly more expensive based on your lender's requirements.