My partner and I are purchasing a leasehold flat in Hyde. My Conveyancer is not listed on the mortgage company solicitor panel. Is it possible for me to continue with my Hyde conveyancing solicitor notwithstanding that they are not on the lender approved list?
Various options include
- Proceed with your existing Hyde lawyer but your bank will undoubtedly instruct a solicitor on their conveyancing panel. The net result is additional fees and probable delay.
- Get a new conveyancer to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your property lawyer to do everything possible to join the lender’s panel of solicitors
My apartment in Hyde is up for sale and I have a buyer. Will the lawyer have to be on the Nationwide conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
I just acquired a house at auction in Hyde. Conveyancing is required. What happens now?
Now that you are exchanged you now have to hire the services of a conveyancing lawyer soon as you will have a pending a drop dead date to complete the conveyancing. All auction property will have an associated auction set of papers. This will likely include evidence of title and search results. In the case of leasehold premises the auction papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that you have funds in place to complete the transaction on the set completion date.
Last month we had a mortgage agreed in principle with HSBC. Hyde conveyancing practitioners were appointed. What is the average time that one could expect to receive a mortgage offer from HSBC?
There is no definitive answer here. Have HSBC completed the survey? Have you informed HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am currently in the process of buying my council flat in Hyde. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Will commercial conveyancing searches disclose proposed roadworks that may affect a commercial premises in Hyde?
Many commercial conveyancing solicitors in Hyde will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Hyde. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hyde.
For each commercial conveyancing transaction in Hyde it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Hyde commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Hyde.
I opted to have a survey completed on a property in Hyde prior to retaining solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies will not give a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hyde. Conveyancing will be smoother if you use a solicitor in Hyde especially if they are accustomed to such properties in Hyde.
I am downsizing from my house. My previous lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Hyde if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Hyde. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.