We're in Nafferton, FTBs buying with a mortgage (lender is HSBC , and our lawyer is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC 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 happen to be the only recipient of my late father’s estate and I have everything in my name alone, including the house in Nafferton. The Nafferton property was put into my name in April. I now wish to sell up. I do know about the CML 6 month 'rule', which means that my property ownership could be considered the same way as though I had purchased the house in April. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. Some mortgage companies would take a sensible view as this clause is principally there to capture subsales or the quick reselling of property.
We are getting a further advance on our home loan from Yorkshire BS as we intend to conduct alterations to our home in Nafferton. Are we obliged to choose a bricks and mortar Nafferton solicitor on the Yorkshire BS conveyancing panel to handle the legals?
Yorkshire BS would not normally require firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
After months of negotiation I have agreed a price on a house in Nafferton. My financial adviser suggested a conveyancer. I paid an on account payment of £175. Soon after, the property lawyer contacted me embarrassingly acknowledging that they were not on the Virgin Money 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 Virgin Money 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.
Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial estate in Nafferton?
Many commercial conveyancing solicitors in Nafferton will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Nafferton. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Nafferton.
For each commercial conveyancing transaction in Nafferton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Nafferton commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Nafferton.
I opted to have a survey carried out on a house in Nafferton in advance of retaining solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some banks may refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nafferton. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to switch conveyancer as I need to instruct a firm on the Norwich and Peterborough Building Society conveyancing list. I instructed a local conveyancing solicitor in Nafferton round the corner but he is not accepted by Norwich and Peterborough Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Nafferton on the Norwich and Peterborough Building Society panel. Please note that the conveyancers that we work with do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Nafferton. In making use of search facility on this website, you can scrutinise costs for conveyancing solicitors in Nafferton and beyond.
My parents are unable to locate their Nafferton property on the HMLR website. They recall that back in the 70’s when they bought the house there were complications regarding the post code not being recognised in some systems.
Almost all properties in Nafferton should appear. Have you tried a search to just the postcode. Normally it will identify all the properties within that postcode. Where recorded it will be there with a title number. If they bought back in the 70’s it's conceivable it may be unregistered. The property might still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which could be with your parent’s bank.