I am obtaining a mortgage offer from Halifax. My intention is to employ the services of a Licensed Conveyancer in Ashbourne. Does the Halifax Solicitor panel include Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
The owners have very brash sellers who has suggested a lock out agreement with a non-refundable deposit 6,000. Is it wise to enter into such agreements?
Exclusivity agreements are agreements binding a property vendor and purchaser giving the buyer a ‘clear field’ to purchase the premises within a prescribed time frame. For all intents and purposes, an exclusivity is a document specifying that you should receive a contract at a later date being the contract for the actual sale. It tends to be utilised for buyer protection though in many situations, the owner may enjoy an upside from such agreements as well. There are numerous positives and negatives to using an agreement but you should to check with your solicitor but beware that it may end up costing you extra in conveyancing charges. In light of these reasons these contracts are not popular in relation to conveyancing in Ashbourne.
My wife and I have recently appointed a conveyancing solicitor in Ashbourne. I I am struggling to find out whether they are accepted on the Yorkshire Building Society approved list of lawyers. Could you assist?
The first thing you should do is call your conveyancer and ask them if they can act for the bank. Alternatively please call Yorkshire Building Society who may be able to assist.
How does conveyancing in Ashbourne differ for newly converted properties?
Most buyers of new build or newly converted property in Ashbourne contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Ashbourne usually acquire the land, 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 conveyancers 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 Ashbourne or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Ashbourne is where the house is located. Is there any guidance you can impart?
Flying freeholds in Ashbourne are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ashbourne you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ashbourne may ascertain 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 premises.
I need to appoint a conveyancing solicitor for freehold conveyancing in Ashbourne. I have land on a web site which seems to have the ideal offering If there is a chance to get all formalities completed via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?