I plan on buying an apartment in Temple Fortune. My Solicitor is not on the bank approved list. Can I still retain my Temple Fortune conveyancing solicitor even though they are not on the bank panel of approved conveyancing solicitors?
You have numerous options available to you here
- Carry on with your preferred Temple Fortune solicitor but your lender will undoubtedly retain a conveyancing practitioner on their approved panel. The net result is additional cost together with probable frustration.
- Choose a fresh lawyer to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Convince your property lawyer to seek to join the lender panel
Would the conveyancing lawyers identified via your search tool handle attended exchange conveyancing in Temple Fortune?
We do have a number of conveyancing experts who can conduct attended exchanges. You should contact us to obtain a conveyancing quote and details as to availability.
Two weeks ago we had a mortgage agreed in principle with Lloyds. Temple Fortune conveyancing lawyers are chosen. How long does it take for Lloyds to send the offer to the property lawyer?
There is no definitive answer here. Have Lloyds completed the valuation? Have you advised Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We were going to get a AIP from Barclays 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 Barclays recommend any Temple Fortune solicitors on the Barclays conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Temple Fortune solicitors independently although you'll need to choose one on the Barclays conveyancing panel. The solicitor represents both you and Barclays through the process.
After shopping around on the internet I have found a Temple Fortune conveyancer having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Temple Fortune surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Temple Fortune is the location of the property. Can you offer any advice?
Flying freeholds in Temple Fortune are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Temple Fortune you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Temple Fortune may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I have been pointed in your direction by a number of selling agents in Temple Fortune to locate a property lawyer on your site. Is there a financial upside for Estate Agents to promote your lawyers rather than a competitor’s?
We refuse to offer any commission for sending work our way. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I've found a house that seems to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have subsequently been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Temple Fortune. Conveyancing advisers have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Temple Fortune ?
Most houses in Temple Fortune are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Temple Fortune in which case you should be shopping around for a Temple Fortune conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the estate where the property is located on an estate. Your solicitor should appraise you on the various issues.
I inherited a a ground floor purpose built flat in Temple Fortune. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
You certainly can. We can put you in touch with a Temple Fortune conveyancing firm who can help.
An example of a Lease Extension case for a Temple Fortune property is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case affected 1 flat. The unexpired term was 76 years.