We're in Montgomery, First timers purchasing with a mortgage (lender is TSB , and our lawyer is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer 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.
I am helping my aunt sell her house in Montgomery. Does the conveyancing solicitor commission the energy assessment or it is for the owner to coordinate?
Following the demise of Home Packs, energy assessments became a mandatory part of moving property. An energy performance certificate needs to be commissioned in advance of the property being marketed. It is not as aspect of the sale process that lawyers ordinarily arrange. Where you are instructing a Montgomery conveyancing solicitor they might help arrange energy performance certificates due to their relationships with long established local assessors
When it comes to mortgage companies such as Yorkshire BS, do Montgomery solicitors incur an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
My fiancee and I are at the point of looking at apartments in Montgomery and I am now considering a potential offer. Should I already have a solicitor appointed at this point? I intend to finance via a home loan with Nationwide.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are getting a mortgage with Nationwide, make sure you remember to check that your lawyer is on the Nationwide conveyancing panel.
I have justfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Montgomery for a purchase of a leasehold apartment 18 months ago. How can I check that my home is not still registered in the name of the previous owner?
The easiest way to check if the property is registered to you, 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 Montgomery conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a house in Montgomery prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks may refuse to issue a mortgage on such a house.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Montgomery. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to switch conveyancer as I need to choose a firm on the National Westminster Bank conveyancing list. I was using a family conveyancing solicitor in Montgomery five minutes from me but he is not accepted by National Westminster Bank
We will our best to assist in finding you a conveyancing solicitor in Montgomery on the National Westminster Bank panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Montgomery. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Montgomery.
Is there a distinction between surveying and conveyancing in Montgomery?
Conveyancing - in Montgomery or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re purchasing and will help you discover the condition of the building and, if there are problems, give you a powerful reason for negotiating the purchase price down or asking the vendor to fix the defects prior to you move in.