Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Long Ashton conveyancing solicitors are instructed. How long does it take for Kent Reliance to issue the offer to the property lawyer?
Some lenders take longer than others. Have Kent Reliance done the valuation? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Long Ashton conveyancing practitioner on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Long Ashton. I have a mortgage offer with Barclays. 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 Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
Just acquired a detached house in Long Ashton , how long will it take for the Land Registry to register my proprietorship? My Long Ashton conveyancing solicitor works at snail pace, so I want to be sure the registration formalities are dealt with.
There is nothing unique when it comes to conveyancing in Long Ashton registration formalities. Rather than based on location, timescales can vary according to who lodges the application, whether it is in order and whether the Land registry communicate with any interested persons or bodies. As of today in the region of 80% of submission are completed within 12 days but occasionally there can be protracted hold-ups. Historically registration occurs once the new owner is living at the property therefore registration formalities is not usually top priority but if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I am buying a new build apartment in Long Ashton. 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 conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Long Ashton
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared.
I am looking for a leasehold apartment up to £245,000 and identified one near me in Long Ashton I like with amenity areas and transport links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Long Ashton suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Is it simple use the search app to find a conveyancing solicitor in Long Ashton on the authorised to act for my mortgage?
First select a bank such as Santander, Bank of Scotland or Godiva Mortgages Ltd then specify your location such as Long Ashton. Conveyancing firms in Long Ashton and beyond will then be listed.
My husband and I are first time buyers - had an offer accepted, yet the estate agent informed us that the seller will only issue a contract if we use their chosen conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Long Ashton
We suspect that the owner is not behind this request. If they desire ‘a quick sale', alienating a genuine buyer is likely to cause more damage than good. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)but you are going to use your own,trusted Long Ashton conveyancing firm - as opposed tothose that will earn the estate agent a introducer fee or meet his conveyancing figures demanded by head office.