I am acquiring a house for cash in Stapleton. I have been residing for the last 20 years in Stapleton. Conveyancing searches are a lot of money. Given that I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then all but one or two of the Stapleton conveyancing searches are non-obligatory. Your lawyer will ’encourage you, perhaps strongly, that you should have searches done, but she has a professional duty to take that path of encouragement . One thing to consider; if you are likely to sell the house one day, it could be of relevance to your prospective purchaser what the searches contain. Sometimes houses with no practical issues can still throw up unexpected search results. A competent conveyancing solicitor in Stapleton will provide you some helpful advice concerning this.
Should conveyancers request money up-front for my conveyancing in Stapleton?
If you are buying a property in Stapleton your solicitor will request that you put them with funds to cover the the cost of the conveyancing searches. Generally this is requested to cover the fees of the Local Authority Search. If any down payment is as part of the purchase price then this should be asked for immediately ahead of exchange of contracts. The closing balance that is needed should be sent to your lawyer shortly before completion.
I have decided to exercise my right to buy my property in Stapleton off the council. I have a mortgage agreed with Skipton. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
I recently had an offer agreed on an apartment in Stapleton. My mortgage broker pressured me to appoint their lawyer. I paid an on account payment of £200. A few days later, the lawyer contacted me embarrassingly acknowledging that they were not on the Bank of Ireland 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 Bank of Ireland 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.
Intending to buy a flat in Stapleton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Stapleton conveyancing practitioner is on the RBS conveyancing panel.
Just had an offer accepted on a new build apartment in Stapleton. Conveyancing is a frightening process 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.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Stapleton
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Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the advice of my in-laws I had a survey completed on a house in Stapleton before retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks tend refuse to issue a mortgage on such a house.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. Should you wish to call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stapleton. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are new to the buying process - had an offer accepted, but the estate agent told us that the seller will only move forward if we appoint the agent's chosen conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a high street conveyancer who is accustomed to conveyancing in Stapleton
It is unlikely the owners are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Try to communicate with the sellers directly and explain that (a)you are serious purchasers (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to appoint your preferred Stapleton conveyancing lawyers - as opposed tothe ones that will provide the negotiator at the agency a introducer fee or hit his conveyancing targets set by corporate headquarters.