My partner and I are intent on purchasing residence in Burbage. My Conveyancer is not listed on the bank approved list. Can I still appoint my Burbage conveyancing solicitor even though they are not on the mortgage company approved list?
You have a number of options available to you here
- Proceed with your chosen Burbage lawyer but your lender will no doubt instruct a solicitor from their approved panel. The net result is additional fees and probable frustration.
- Get a fresh property lawyer to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancer to apply to join the bank panel
My fiancee and I are buying our first property. Our lawyer has messagedto enquire if we wish to take out additional conveyancing searches. We are really unsure what's needed for conveyancing in Burbage
The scope of Burbage conveyancing searches should be triggered based primarily on the property, the location, the probability of any of these risks, your knowledge of the area and risks, your general attitude to risk. What matters is that you properly understand what information the searches could give you. You may then decide if you consider that you need that information. Should you be unsure, ask your lawyer to explain.
When does exchange of contracts occur in sale conveyancing in Burbage and do I need to be at the lawyers office?
Where you are local to our conveyancing solicitors in Burbage you are welcome to attend to sign the paperwork. That being said, the law practices we work with supply a countrywide conveyancing service and provide as equally detailed and professional a job for you when communicating with you by post or email. The signing of the purchase agreement is not the point of no return. A signed contract is necessary for the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Burbage)to be in the office at the appropriate time.
My uncle passed away six months ago and as sole heir and executor I was left the property in Burbage. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Virgin Money, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Virgin Money will require that you use a conveyancer on the Virgin Money conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Virgin Money conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Virgin Money mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly identified as part of conveyancing in Burbage?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Burbage. 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…’
What is the reason for new build conveyancing in Burbage being more expensive?
Conveyancing in Burbage for newly converted or new build premises usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further questions and contractual concerns.