I am hoping to receive a offer of a home loan from Santander. I would like to enlist the help of a Licensed Conveyancer in Niton. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
In the event thatI were to acquire a straightforward homein Niton mortgage fee and dispense with a survey and no local authority searches how much would I expect to to save on my conveyancing in Niton?
The only reduction in fees you would make on is the costs for searches. Your conveyancer still be obliged to do everything else - money laundering, communicating with the vendors conveyancing practitioner, SDLT submission, register the ownership etc. You might save a bit for them not needing to register a mortgage however it will not be a lot.
About to purchase a new build flat in Niton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Niton
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am looking into buying my first house which is in Niton and I am already nervous. I couldn't find anything specific about Niton. Conveyancing will be needed in due course but do you know about the Niton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Niton. In the meantime here are some basic statistics that we found
Is it best to appoint a Niton conveyancing lawyer who is local to the property I am buying? We have a good friend who can execute the conveyancing but they are based 400kilometers away.
The benefit of a high street Niton conveyancing practice is that you can visit the firm to execute paperwork, hand in your identification documents and pester them where appropriate. They will also have local insight which is a bonus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and in the main were impressed that should trump using an unknown Niton conveyancing lawyer solely due to them being based in the area.
I dont have enough spare funds to pay a 10% deposit on my apartment purchase in Niton , but I still want to exchange. Do I have options?
One option is to try and accept a lower deposit. Many property owners will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute