I am hoping to receive a mortgage with Santander. My intention is to employ the services of a Licensed Conveyancer in Ladbroke Grove. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are intent on selling our home in Ladbroke Grove and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the purchasers are using a factory type conveyancing outfit as opposed to a conveyancing solicitor in Ladbroke Grove. Having lived in Ladbroke Grove for 5 years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Just had an offer accepted on a new build flat in Ladbroke Grove. Conveyancing is a frightening process 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 is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Ladbroke Grove
Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I decided to have a survey completed on a property in Ladbroke Grove ahead of appointing lawyers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders tend refuse to give a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ladbroke Grove. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ladbroke Grove to see if the conveyancing costs will increase in light of this.
My father-in-law has suggested that I appoint his conveyancers in Ladbroke Grove. Should I find my own solicitor?
No doubt it’s preferable to find a conveyancing practitioner is to get feedback from friends or family who have used the conveyancer you're contemplating using.
Fiveweeks into purchasing a residence in Ladbroke Grove. Conveyancing lawyer has called to say the title is "Leasehold". Does this make a difference on the salability of the house?
Ladbroke Grove conveyancing does not usually involve leasehold houses. The key consideration here is the length of lease and the ground rent. If it's 999 years with a nominal rent, it's essentially freehold, so it shouldn't impact the marketability too much.
At the other end of the spectrum, if it's, say, Sixty years it will have a material impact on the saleability, and most likely wouldn't be mortgageable. The length of lease and ground rent will be set out in the lease to be supplied to your conveyancer.