Me and my partner are acquiring a maisonette in Higham Ferrers. My Conveyancer is not listed on the mortgage company conveyancing list. Am I still permitted to appoint my Higham Ferrers conveyancing solicitor even though they are not on the lender list of approved lawyers?
You have a couple of options open to you here
- Carry on with your preferred Higham Ferrers conveyancer but your mortgage company will no doubt retain a lawyer on their approved panel. This will result in additional cost together with probable interruption.
- Choose a new property lawyer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your solicitor to apply to join the mortgage company panel
My husband and I are at the point of viewing apartments in Higham Ferrers and I am now considering a potential offer. Should I already have a solicitor appointed at this point? I am planning to take a mortgage with Santander.
It would be sensible to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. Given that you are seeking a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
The mortgage over my property is with Principality for my property in Higham Ferrers. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Principality?
You must advise Principality before letting out your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. It should not be necessary to do this via a Principality conveyancing panel solicitor.
I was told two weeks ago that my mortgage has been agreed to by Skipton. Is it usual for Skipton to only issue the offer once my solicitor in Higham Ferrers is approved on their conveyancing panel? Skipton have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The conveyancers who dealt with the conveyancing in Higham Ferrers 4 years ago are no longer around. Will I be able to sell the house?
Assuming the title is registered the information relating to your ownership will be held by the Land Registry with a Title Number. It is possible to execute a search at the Land Registry, find your house and obtain current copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
How does conveyancing in Higham Ferrers differ for new build properties?
Most buyers of new build residence in Higham Ferrers approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Higham Ferrers tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Higham Ferrers or who has acted in the same development.
My business partner and I are hoping to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Higham Ferrers for under £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Higham Ferrers, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right firm. Regarding the fees this will depend on the structure and terms of the deal. Let us have your contact information or call us so that we may provide you with comprehensive commercial conveyancing quote.
Is it best to appoint a Higham Ferrers conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can carry out the legal formalities but her office is 300miles away.
The benefit of a local Higham Ferrers conveyancing firm is that you can drop in to execute paperwork, hand in your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and on the whole were content that should outweigh using an unknown Higham Ferrers conveyancing lawyer solely due to them being based in the area.