My property lawyer in Winchelsea has never been on on the Coventry Building Society Conveyancing Panel. Can I still continue with my prefered solicitor even though they are not on the Coventry Building Society panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your preferred Winchelsea solicitors but Coventry Building Society will need to retain a conveyancer on their panel. This will inevitably rack up the overall conveyancing fees and cause frustration.
- Choose an alternative lawyer to act in the purchase, remembering to check they are on the Coventry Building Society panel
We had instructed conveyancing lawyers based in Winchelsea on the TSB solicitor panel. They have just invoiced me a separate charge for the legal aspects of the TSB mortgage. Is this an additional conveyancing fee specified by TSB?
Provided it is contained in their Terms of Engagement or Quote then yes your property lawyer is entitled to charge a fee for this. The fee is not set by TSB but by your Winchelsea conveyancer. Some firms on the TSB panel will quote ’dealing with mortgage’ fee and others do not.
Intending to buy a maisonette in Winchelsea. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB 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 Winchelsea conveyancing practitioner is on the TSB conveyancing panel.
I've read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Winchelsea solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality 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 Winchelsea 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.
Are there restrictive covenants that are commonly identified during conveyancing in Winchelsea?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Winchelsea. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Winchelsea differ for newly converted properties?
Most buyers of new build premises in Winchelsea approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because house builders in Winchelsea typically purchase 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 property lawyers 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 Winchelsea or who has acted in the same development.
I opted to have a survey done on a property in Winchelsea in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks will not grant a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Winchelsea. Conveyancing may be slightly more expensive based on your lender's requirements.
What is different about your site and alternative internet conveyancing brokers for conveyancing in Winchelsea?
At this site get an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Winchelsea. As opposed to estate agents and brokerage sites we do not charge firms a commission if you instruct them for your home move in Winchelsea