Can your site be used to locate a Conveyancing solicitor in Ivybridge even if I’m not purchasing or selling a house, for example if I wish to acquire an office in Ivybridge with a mortgage from National Westminster Bank?
The service is mainly used to select domestic conveyancing solicitors in Ivybridge but we have set out at the bottom of this page some Ivybridge commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they can also act for National Westminster Bank
We wanted to use a property lawyer in Ivybridge for our home move. Our broker has since advised us that our bank Aldermore won't deal with them. Surely this is unfair competition?
A decade ago most lenders had an appetite for risk which was higher than today. Almost all Ivybridge conveyancing firms would have been on most bank panels. The financial services regulator in 2010 completed a thematic investigation into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more data from law firms regarding their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum number of conveyancing. Many Ivybridge conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Ivybridge is one of the many locations where the lawyers showing on our search results are members of the panel for Aldermore.
I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Ivybridge for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ivybridge conveyancing specialists.
I opted to have a survey done on a property in Ivybridge ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will not grant a mortgage on this type of property.
It varies from the lender to lender. Santander has different instructions from Halifax. If you call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ivybridge. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I will soon spend hundreds of thousands of pounds on a property in Ivybridge I would like to talk to a solicitor about myhome move before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer due to be conducting your property ownership legalities in Ivybridge.There is no ‘factory style conveyancing’ - every client is unique person, not a matter number. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Ivybridge should be the figure that you end up paying.
When it comes to leasehold conveyancing in Ivybridge what are the most common lease defects?
There is nothing unique about leasehold conveyancing in Ivybridge. All leases are unique and drafting errors can result in certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:
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Maintenance charge proportions which don’t add up to the correct percentage
You may have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Norwich and Peterborough Building Society, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the buyer to pull out.
Leasehold Conveyancing in Ivybridge - A selection of Questions you should consider before Purchasing
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Make sure you discover if there are any onerous restrictions in the lease. For example it is reasonably common in Ivybridge leases that pets are not allowed in certain buildings in Ivybridge. If you like the flatin Ivybridge but your dog can’t make the move with you then you will be presented with a hard compromise. Best to be warned whether a new roof is being installed or some other major work is due in the foreseeable future to be shared amongst the leaseholders and could well materially increase the the service charges or require a one time invoice. Many Ivybridge leasehold properties will incur a service charge for the upkeep of the building set on behalf of the landlord. Where you purchase the apartment you will have to meet this charge, usually in instalments throughout the year. This could vary from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent for you to pay yearly, normally this is not a exorbitant sum, say about £50-£100 but you need to check as occasionally it can be many hundreds of pounds.