We're in Baguley, First time buyers purchasing with a mortgage (lender is Santander , and our solicitor is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Baguley?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Baguley. 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…’
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Baguley is the location of the property. Can you offer any opinion?
Flying freeholds in Baguley 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 Baguley you would need to get your solicitor to go 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 Baguley 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 property.
How do I use your search tool to get a quote from a conveyancing practitioner in Baguley on the approved list for my mortgage?
First choose a mortgage company such as Birmingham Midshires, Bank of Scotland or Britannia then choose your location a common one being Baguley. Conveyancing firms in Baguley and beyond will then be shown.
My uncle has suggested that I appoint his conveyancing solicitors in Baguley. Should I choose my own property lawyer?
There are no two ways about it it’s preferable to find a conveyancing lawyer is to have guidance from friends or family who have used the solicitor that you are considering.
Our sealed bid on property in Baguley was agreed to, but there is a chain. The current proprietors have submitted an offer on a property, although it’s not yet agreed to, and are looking at other properties in the pipeline. I have chosen a local conveyancing lawyer in Baguley. What should be my next step? When do I get the mortgage application with UBS started with UBS?
It is usual to have apprehensions where there is an associated chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Baguley conveyancing search fees, etc). The first thing to do is check that your conveyancer is on the UBS conveyancing panel. As to the next steps this very much depends on the specifics of your transaction, desire for the property and on the state of the market. In a rising market many purchasers would apply for the mortgage with UBS and pay for the valuation and only if it was satisfactory would they pay their solicitor to proceed with searches.