In the event thatI was to purchase a simple residential housein Trafford mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Trafford?
The only saving you would achieve is the costs for searches. The solicitor still got to do everything else - money laundering, liaising with the vendors lawyer, SDLT return, register the ownership etc. A marginal saving might be made by not having to register a charge but it won't be significant.
My Solicitor in Trafford is not on the Britannia Conveyancing Panel. Can I still retain my family solicitor even though they are not on the Britannia approved list?
The limited options available to you here include:
- Complete the purchase with your existing Trafford lawyers but Britannia will need to instruct a solicitor on their panel. This will inevitably rack up the total legal charges as well as cause frustration.
- Find a new lawyer to to deal with the purchase, remembering to check they are on the Britannia panel
Two weeks ago we had a mortgage agreed in principle with Nottingham. Trafford conveyancing solicitors have been appointed. How long does it take for Nottingham to send the offer to the conveyancer?
Some lenders take longer than others. Have Nottingham done the survey? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am currently in the process of buying my council flat in Trafford. I have a mortgage offer with Lloyds. 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 Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
My offer on a property in Trafford has been agreed to, but there is a chain. The sellers have offered on a property, but it’s not been accepted yet, and have viewings of other apartments booked. I have selected a nearby conveyancing solicitor in Trafford. What should be my next step? At what point should I apply for the mortgage with TSB?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx one thousand pounds, then valuation, Trafford conveyancing search costs, etc). First, you should check that your property lawyer is on the TSB approved list. Concerning the next steps this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. During a hot market some purchasers would apply for a home loan with TSB and arrange for the valuation and only if it comes back ok would they request their lawyer to proceed with searches.
What can a local search reveal regarding the property I am purchasing in Trafford?
Trafford conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search is essential in every Trafford conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search should provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Trafford and how can you help?
The particular law that you refer to provides a safeguard to business leaseholders, giving them the a statutory right to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Trafford
Am I better off to choose a Trafford conveyancing practitioner who is local to the property I am hoping to buy? An old friend can handle the legal formalities however her office is 300kilometers drive away.
The benefit of a high street Trafford conveyancing firm is that you can pop in to execute paperwork, hand in your identification documents and apply pressure on them if necessary. Having local Trafford know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were impressed that must trump using an unknown Trafford conveyancing solicitor just because they are round the corner.