We're in Longton, FTBs buying with a mortgage (lender is Santander , and our solicitor is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We are purchasing a 3 bedroom semi in Longton. Our aim is to carry out a loft conversion at the property.Will the conveyancing process involve enquiries to ascertain if these alterations are permitted?
Your solicitor should review the registered title as conveyancing in Longton can occasionally identify restrictions in the title documents which restrict certain changes or necessitated the permission of another owner. Certain extensions require local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
We were going to get a DIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Longton solicitors on the Kent Reliance conveyancing panel, or is it better to go independently?
You will need to appoint Longton solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
I'm spending time looking at apartments in Longton and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Skipton.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are getting a mortgage with Skipton, ask your prospective lawyers if they are on the Skipton conveyancing panel otherwise they can't do the mortgage legal work.
About to purchase a new build apartment in Longton. Conveyancing is necessary evil 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.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Longton
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Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I decided to have a survey completed on a property in Longton before instructing lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders may not grant a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can investigate further via 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 Longton. Conveyancing will be smoother if you use a solicitor in Longton especially if they are familiar with such properties in Longton.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Longton. I have chance upon a site which looks to be the perfect answer If it is possible to get all this stuff completed via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am looking at a couple of flats in Longton which have approximately forty five years remaining on the leases. Do I need to be concerned?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the marketability of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is often a good idea to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a conveyancer and surveyor with experience in this field.
Longton Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How much is the ground rent and service charge? How is the lease structured? The majority of Longton leasehold flats will be liable to pay a service bill for maintenance of the building set on behalf of the management company. Where you buy the flat you will have to pay this charge, usually in instalments accross the year. This can vary from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a rentcharge to be met annual, ordinarily this is not a large amount, say approximately £25-£75 but you need to check as sometimes it can be surprisingly expensive.