I am obtaining a offer of a home loan from Santander. I would like to employ the services of a Licensed Conveyancer in Brandon. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
A relative advised me that if I am purchasing in Brandon I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Brandon conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about Brandon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Brandon Education with plans and statistics, Local Amenities and other useful information concerning Brandon.
I am buying a new build flat in Brandon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Brandon
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking for a leasehold apartment up to £305k and identified one close by in Brandon I like with open areas and station nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Brandon for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I'm converting the mortgage on my existing home to a buy to let mortgage with Lloyds TSB Bank and intend to use the remaining equity towards further property. The location we are looking at is Brandon. Will your solicitors be able to act for both sets of lenders and link together the conveyances?
Do use our search tool on this page to be sure that the solicitors are on the relevant lender panels. Assuming that they are your conveyancer should be able to connect the two conveyancing matters but you should have a chat with you solicitor and communicate your expectations and needs.
How much should conveyancing in Brandon cost?
The total sum levied for Brandon conveyancing charges are likely to be calculated at:
- a standard charge; or
- on a time spent basis (i.e. the time spent on the particular case).
In practice very few Brandon conveyancing solicitors invoice by the clock