How up to date is your search tool for Sawston conveyancing solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Sawston conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
I am helping my sister sell her flat in Sawston. Will the solicitor arrange an energy performance certificate or it is for the owner to coordinate?
Following the demise of Home Packs, EPC’s was left as a required component of selling a property. An EPC must be to hand before the property is marketed. It is not something that law firms ordinarily arrange. Where you are using a Sawston conveyancing lawyer they might help arrange energy assessments given their relationships with reputable local accredited person
I happen to be the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Sawston. The Sawston property was put into my name in January. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership could be treated the same way as if I'd bought the house in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. Most mortgage companies would take a sensible view as this obligation principally exists to pick up on subsales or the quick reselling of property.
I am expecting a AIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Sawston solicitors on the Virgin Money conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Sawston solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
Me and my brother own a terraced Victorian property in Sawston. Conveyancing solicitor represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sawston and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing lawyer who conducted the purchase.
Are there any apps to help search for a Sawston law firm on the TSB conveyancing panel? I have a car and am happy to travel upto 20miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please pick a lender and your location and you will see a number of Sawston conveyancing lawyers based on proximity. We have detailed some Sawston conveyancing firms towards the end of this page and you can telephone them to check whether they are on the TSB panel
I am employed by a reputable estate agency in Sawston where we have witnessed a few leasehold sales derailed as a result of short leases. I have received conflicting advice from local Sawston conveyancing solicitors. Can you shed some light as to whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Sawston Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
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How is the lease structured? It is important to be aware if redecorating or some other major work is due shortly that will be shared between the leaseholders and will dramatically increase the the service costs or require a one off invoice. Plenty Sawston leasehold apartments will incur a service charge for the upkeep of the block levied by the freeholder. Where you acquire the property you will have to meet this contribution, usually periodically during the year. This can vary from a couple of hundred pounds to thousands of pounds for buildings with lifts and large communal areas. In all probability there will be a rentcharge to be met yearly, this is usually not a significant amount, say approximately £50-£100 but you need to enquire as occasionally it could be many hundreds of pounds.
I have been recommended a conveyancing solicitor in Sawston. I need to find out if they are on the lender's conveyancing panel. Can you assist?
It’s a good idea call the lawyer to check if they are on the lender's approved list. If that does not help get in touch with us and we can investigate and revert. If they are not on the lender panel we we can help find a quality conveyancing solicitor in Sawston on the panel for your mortgage company.