I am hoping to receive a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Bartley Green. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
As I am unsure how the conveyancing bit works what is the most important advice you can impart regarding purchase conveyancing in Bartley Green?
Not many law firms or advisers will tell you this but conveyancing in Bartley Green or throughout England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there exists an abundance of room for conflict between you and others involved in the house moving process. For example, the seller, estate agent and sometimes a bank. Selecting a solicitor for your conveyancing in Bartley Green should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the process whose role it is to protect your legal interests and to protect you.
Sometimes a potential adversary will attempt to sway you that it is in your interests to do things their way. For example, the estate agent may claim to be assisting by claiming that your conveyancer is slow. Or your financial adviser may advise you to do something that is against your solicitors advice. You should always trust your lawyer above all other parties in the conveyancing process.
Planning on purchasing a house in Bartley Green. 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 Skipton 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 Bartley Green solicitor is on the Skipton conveyancing panel.
After shopping around on the internet I have found a Bartley Green solicitor having made sure that they are on the Clydesdale conveyancing panel. Does my lawyer arrange the survey of the property?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale 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. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Bartley Green postcode. As you are getting a mortgage with Clydesdale, you could contact them to see if they have a list of approved surveyors in Bartley Green.
I have finally had an offer on a maisonette in Bartley Green agreed to, but there is a chain. The vendors have offered on a property, however it’s not yet agreed to, and are looking at other flats booked. I have selected a nearby conveyancing solicitor in Bartley Green. What do I do now? At what stage should I apply for the mortgage with Santander?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then valuation, Bartley Green conveyancing search fees, etc). First, you should ensure that your property lawyer is on the Santander approved list. As to the subsequent stages this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a hot market some buyers would apply for the mortgage with Santander and pay for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to move forward with searches.
Hoping to buy a property located in Bartley Green and I am already nervous. I couldn't find anything specific about Bartley Green. Conveyancing will be needed in due course but do you know about the Bartley Green area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bartley Green. In the meantime here are some basic statistics that we found
I today plan to offer on a house that appears to be perfect, at a reasonable figure which is making it more attractive. I have subsequently discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Bartley Green. Conveyancing advisers have not yet been appointed. Will they explain the issues?
Most houses in Bartley Green are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Bartley Green so you should seriously consider shopping around for a Bartley Green conveyancing practitioner and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out alterations. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the property is located on an estate. Your lawyer should appraise you on the various issues.
I am the registered owner of a 1 bedroom flat in Bartley Green, conveyancing was carried out in 2010. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Bartley Green with a long lease are worth £165,000. The average or mid-range amount of ground rent is £50 yearly. The lease ends on 21st October 2102
With 77 years unexpired we estimate the price of your lease extension to span between £7,600 and £8,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
How up-to-date is your search tool for the mortgage company conveyancing panel in Bartley Green? Do the lenders send you an updated list?
Bartley Green firms and firms conducting conveyancing in Bartley Green themselves provide us confirmation that they are on the lender conveyancing panel as opposed to being supplied with a list from the lender directly.