I have given 2 months notice to my existing landlord and must be out of my rented property in Woodhall Spa by the end of next month. Conveyancing on my purchase has just started. Can I complete in three weeks as I wish to avoid having to find short term accommodation?
It is unwise to give notice on a rental unless you have exchanged. If you have not already done so, contact to your conveyancer and urge them to they seek the assistance the owners lawyers, try to an agreed time frame that everyone will work to achieve
I can see plenty of information on this site about conveyancing in Woodhall Spa but what is your top tip for choosing the right conveyancer in Woodhall Spa
Do not opt for the cheapest Woodhall Spa conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
What is the difference between a licensed conveyancer and conveyancing solicitor in Woodhall Spa
Two types of professional can carry out conveyancing in Woodhall Spa namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the disposal or purchase of property. Both are required to handle Woodhall Spa conveyancing on similar standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally conducted and that all requisite procedures should be correctly attended to.
We have agreed to purchase a house in Woodhall Spa. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Co-operative be concerned?
Given that your lender is Co-operative your lawyer must check the conveyancing instructions set out in Section 2 of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook stipulates minimum specifications for solar panel roof-space leases, and lawyers are required to report to Co-operative where a lease does not satisfy these specifications. The conditions relate to the installation of panels on properties nationwide and is not limited to Woodhall Spa.
Are there restrictive covenants that are commonly identified as part of conveyancing in Woodhall Spa?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Woodhall Spa. 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…’
Due to the input of my in-laws I had a survey completed on a property in Woodhall Spa prior to retaining lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some banks tend not grant a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Woodhall Spa. Conveyancing will be smoother if you use a solicitor in Woodhall Spa especially if they regularly deal with such properties in Woodhall Spa.
I have been pointed in your direction by three or four local estate agents in Woodhall Spa to locate a property lawyer on your site. What’s the financial incentive for Estate Agents to market your site over another?
We refuse to offer any referral fee for directing people to this site. We thought it would be too underhand to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My step-son is just in the process of moving house, he had his mortgage in principle. One the seller agreed the offer on the house we contacted the building society to move forward with his. We were disappointed to hear that banks do not accept all solicitor, they have to be on a list, is this legal?
Banks normally restrict either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Woodhall Spa solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.