My financial adviser requires my Chapeltown law firm’s panel member for the HSBC conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Chapeltown office but they have not responded to me.
You are best placed to get this information from your Chapeltown lawyer . They maintain a central record lender panel numbers.
My colleague recommended that where I am purchasing in Chapeltown I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Chapeltown conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Chapeltown around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chapeltown Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Chapeltown Education with plans and statistics, Local Amenities and other useful data regarding Chapeltown.
I am buying a new build apartment in Chapeltown. Conveyancing is necessary evil 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 legal work.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Chapeltown
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There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision.
I decided to have a survey completed on a house in Chapeltown before appointing lawyers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some lenders tend refuse to grant a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chapeltown. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been advised by a few property agents in Chapeltown to get a quote from a solicitor using your seach tool. What’s the financial incentive for Estate Agents to promote your services ahead of a competitor’s?
We refuse to offer any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have noted on numerous online forums that when choosing a conveyancing solicitors they need approved by your mortgage company. It happens to be my first house move but I have an offer in principle with Halifax and I already have a high street conveyancing lawyer in Chapeltown on standby. Can Virgin Money insist on an approved conveyancer to be instructed? If so, where can I find that list for my conveyancing in Chapeltown?
You should instruct a solicitor that is on the Virgin Money panel. Simply call your preferred Chapeltown conveyancing solicitor and ask if they are on the Virgin Money panel. If they are not on the panel you have a couple of alternatives available to you here:
- Proceed with your preferred Chapeltown property lawyer but Virgin Money will no doubt use a property lawyer from their conveyancing panel. This will result in additional fees together with likely delay.
- Appoint a fresh conveyancing practitioner to act in the purchase, not forgetting to check that they are on the Virgin Money conveyancing panel.
- Convince your property lawyer to do everything within their powers to get listed on the Virgin Money conveyancing panel.