We are about to complete buying a house in Frenchay but as a consequence of damage from the recent storms I have was able negotiate compensation from the seller of three thousand pounds taking the form of a deduction in the price. This was going to be addressed as part of amending the contract but Santander will not agree to this. Why were they notified?
Your conveyancing practitioner that is on a Santander conveyancing panel is required to inform Santander of any changes to the purchase price. If you prohibit your solicitor to report the reduction to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new conveyancing practitioner for your conveyancing in Frenchay.
Can I use your services to find a Conveyancing solicitor in Frenchay even where I’m not buying or disposing of a house, for instance where I want to acquire a shop in Frenchay with a loan from Barclays Direct?
Our search tool is mainly there to locate residential conveyancing solicitors in Frenchay but we have recorded at the bottom of this page some Frenchay commercial conveyancing firms. You will need to enquire with the company directly to establish if they are also authorised to represent Barclays Direct
My mortgage company has recommended solicitors on their panel based in Frenchay but I would rather choose a conveyancing lawyer in Frenchay or nearer to where I live. Can you assist?
Far from all Frenchay conveyancing firms are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to choose a Frenchay conveyancing conveyancer on the on the bank panel.
I am the sole recipient of my late grandmother’s will with all property in now in my sole name, including the house in Frenchay. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', which means that my property ownership may be considered the same way as though I had purchased the property in June. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this provision is principally there to capture subsales or the wholesaling and assigning of property.
Is it the case that all Frenchay conveyancing solicitors on the Skipton conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Skipton conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
My husband and I are in the throws of looking at houses in Frenchay and I am now considering a potential offer. Should I already have a lawyer appointed at this point? I am planning to take a home loan with TSB.
It would be wise to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are getting a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.
I am buying a new build flat in Frenchay. Conveyancing is daunting 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 legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Frenchay
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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 have been on the look out for a leasehold apartment up to £245,000 and found one near me in Frenchay I like with amenity areas and railway links in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Frenchay in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.