My IFA says he needs my Ryde law firm’s panel member for the Nat West conveyancing panel. Can you suggest how I find this out. I have contacted my local Ryde branch but they have not got back to me yet.
You are best placed to get this information from your Ryde conveyancing practitioner . They retain a central record lender panel numbers.
We are downsizing from our property in Ryde and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Ryde conveyancer would know that there is no such problem. It does beg the question why the purchasers used an online conveyancing practice rather than a conveyancing solicitor in Ryde. Having lived in Ryde for six years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You need to 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 ailment)
How does conveyancing in Ryde differ for new build properties?
Most buyers of new build or newly converted property in Ryde approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Ryde 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 conveyancers 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 accustomed to new build conveyancing in Ryde or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Ryde ahead of instructing lawyers. I have been told that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may not give a loan on such a house.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Ryde. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ryde to see if the conveyancing will be more expensive.
I am looking into buying my first house which is in Ryde and I am already nervous. I couldn't find anything specific about Ryde. Conveyancing will be needed in due course but do you know about the Ryde area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ryde. In the meantime here are some basic statistics that we found
Why am I unable to complete our conveyancing in Ryde on Good Friday?
This is due to the fact that on completion the funds will pass between the banks of the purchaser and owner’s lawyer and at present this can only occur on a working day. It is not possible to complete on a weekend either.