I am purchasing a ground floor flat in Saffron Walden. My Solicitor has never been on on the mortgage company approved list. Am I still permitted to continue with my Saffron Walden conveyancing solicitor even though they are not on the lender panel of approved conveyancing solicitors?
You have a couple of options open to you here
- Carry on with your existing Saffron Walden lawyer but your lender will no doubt instruct a lawyer from their conveyancing panel. This will result in additional fees and likely delay.
- Appoint a fresh solicitor to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Appeal to your lawyer to attempt to join the mortgage company panel
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Saffron Walden. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/7/2024, the requirements read as follows :
Are there restrictive covenants that are commonly picked up during conveyancing in Saffron Walden?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Saffron Walden. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm remortgaging my current house to a BTL mortgage with Platform Home Loans Ltd and I will use the ballance of the raised equity as a deposit on further property. The location we are interested in is Saffron Walden. Will your conveyancers be able to act for both sets of lenders and tie in the conveyances?
Make use of our comparison tool on this page to check that the lawyers are approved by both lenders. Assuming that they are your lawyer will be able to connect the two deals but you should talk with you lawyer and communicate your expectations and requirements.
I am looking for a conveyancing lawyer in Saffron Walden for my house move. Is it possible to check a solicitor's complaints history with the profession’s regulator?
Anyone can review presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.
I’m about to sell my basement flat in Saffron Walden. Conveyancing is yet to be initiated, however I have just received a yearly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as you normally would because all ground rent and service charges will be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in Saffron Walden - Sample of Queries before buying
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Many Saffron Walden leasehold apartments will have a service charge for the upkeep of the block set on behalf of the management company. Where you buy the apartment you will have to pay this contribution, usually quarterly throughout the year. This could differ from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay yearly, this is usually not a large amount, say approximately £50-£100 but you need to check it because occasionally it could be surprisingly expensive. The answer will be helpful as a) areas can result in problems for the block as the communal areas may start to deteriorate if services are not paid for b) if the tenants have a dispute with the managing agents you will want to have all the details Does the lease have onerous restrictions?