Should lawyers ask for money on account for conveyancing in Temple Fortune?
If you are buying a property in Temple Fortune your solicitor will request that you to provide them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the sale price then this should be asked for shortly before contracts are exchanged. The final balance that is due should be transferred a couple of days prior to the day of completion.
Can you point me to a directory of Leeds Building Society panel conveyancers in Temple Fortune on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible online. If you are in need of a Temple Fortune conveyancer on the Leeds Building Society please make the most of our facility.
Can I be sure that the Temple Fortune conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Temple Fortune getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your transaction.
I am selling my apartment. I had a double glazing fitted in January 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Aldermore are being problematic. The Temple Fortune solicitor who is on the Aldermore conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Aldermore are requiring a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have been told that property searches are the number one reason for hinderance in Temple Fortune conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Temple Fortune.
I used Arc property Solicitors several years ago for my conveyancing in Temple Fortune. I now require my papers but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Temple Fortune of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Temple Fortune differ for new build properties?
Most buyers of new build property in Temple Fortune contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Temple Fortune usually buy 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 conveyancing solicitors 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 used to new build conveyancing in Temple Fortune or who has acted in the same development.
I decided to have a survey carried out on a house in Temple Fortune prior to appointing lawyers. I have been told that there is a flying freehold element to the house. My surveyor advised that some mortgage companies will not issue a loan on this type of property.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further with 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 Temple Fortune. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Temple Fortune to see if the conveyancing will be more expensive.