I am purchasing a new build flat in Moreton. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Moreton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Moreton.
I recently had an offer accepted on a house in Moreton. My financial adviser suggested a conveyancing practitioner. I paid an advanced payment of £175. A couple of days later, the conveyancer called me sheepishly admitting that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
About to purchase apartment in Moreton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Moreton conveyancer is on the Nationwide conveyancing panel.
Barclays have agreed my home loan in principle, my offer on a property in Moreton has been accepted, now what?
Your estate agent will need to know who your solicitors are (ensure that the solicitors are on the lender’s panel). Call up Barclays or your broker and finish off any outstanding documentation. Barclays will appoint a valuer who will get in contact with the selling agent or owners to book an appointment. Once conducted (assuming no problems) it takes approximately a week to receive the mortgage offer. Barclays will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Moreton.
My wife and I are close to exchanging contracts on the sale of our house in Moreton and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Moreton conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Moreton. Having lived in Moreton for three years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing lawyer already. What do they say? 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 life insurance to cover that same illness)
How does conveyancing in Moreton differ for new build properties?
Most buyers of new build premises in Moreton come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Moreton usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Moreton or who has acted in the same development.
I have been on the look out for a ground for flat up to £305k and identified one round the corner in Moreton I like with amenity areas and railway links nearby, however it only has 49 years on the lease. There is not much else in Moreton suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
As co-executor for the will of my aunt I am disposing of a property in Cardiff but I am based in Moreton. My solicitor (based 300 miles awayrequires that I execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Moreton who can attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are Moreton based