My partner’s mother is a conveyancer. I am hopeful that I can be offered preferential rates for conveyancing, However if that does not come materialise, what level of figure would I typically be looking at for conveyancing in Freshwater?
Do compare pricing. Do use our comparison tool on this page. You will notice that charges seem to be different but service levels do differ between conveyancers as is the case with most professions.
My solicitor has uncovered a a legal deficiency with the lease for the flat we are buying in Freshwater. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancing practitioner says that he must ensure that the lender is happy with this solution. Are we the client or is the bank?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the lender are the client. The appropriate lender conditions must be adhered to.
My brother-in-law has suggested I instruct a conveyancing solicitor in Freshwater. I I am struggling to find out if they are on the The Royal Bank of Scotland approved list of lawyers. Could you help?
The first thing to do is e-mail the solicitor and ask them whether they are on the lender panel. Alternatively you can get in touch with The Royal Bank of Scotland who may be able to help.
Last month we had a mortgage agreed in principle with Barclays. Freshwater conveyancing solicitors have been instructed. How long does it take for Barclays to forward the offer to the solicitor?
Some lenders take longer than others. Have Barclays done the survey? Have you informed Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Freshwater. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
As your lender is Coventry BS your lawyer must check the formal instructions set out in Section two of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Coventry BS where a lease fails to satisfy these specifications. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Freshwater.
I am expecting a OIP from Clydesdale this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Clydesdale recommend any Freshwater solicitors on the Clydesdale conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Freshwater solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
I used Wolstenholmes several years ago for my conveyancing in Freshwater. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Freshwater of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Freshwater I like with amenity areas and railway links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Freshwater for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the remaining unexpired lease term may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.