I am getting a mortgage with Halifax. I intend to enlist the help of a Licensed Conveyancer in Chathill. Does the Halifax Solicitor panel allow for Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Completed the sale of my flat in Chathill last January but my buyer keeps whats apping every few hours complaining that her conveyancer is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
After completion of your sale your lawyer is committed to deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where appropriate, your solicitor must also evidence that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There are no post completion procedures peculiar conveyancing in Chathill.
My Solicitor in Chathill is not listed on the Accord Mortgages Ltd Solicitor Panel. Can I still retain my family solicitor notwithstanding that they are not on the Accord Mortgages Ltd approved list?
The limited options available to you here include:
- Complete the purchase with your existing Chathill lawyers but Accord Mortgages Ltd will need to instruct a solicitor on their panel. This will result in additional overall legal fees as well as cause frustration.
- Choose a new solicitor to act in the purchase, not forgetting to check they are Accord Mortgages Ltd approved.
- Try to convince your Accord Mortgages Ltd based solicitor to seek to join the Accord Mortgages Ltd panel
Due to the advice of my in-laws I had a survey completed on a house in Chathill ahead of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies will refuse to grant a mortgage on such a property.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with 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 Chathill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chathill to see if the conveyancing will be more expensive.
I am downsizing from my house. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Chathill if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Chathill. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Are there frequently found deficiencies that you come across in leases for Chathill properties?
There is nothing unique about leasehold conveyancing in Chathill. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are erroneous. The following missing provisions could result in a defective lease:
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Maintenance charge proportions which don’t add up to the correct percentage Insurance obligations
You will encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, The Royal Bank of Scotland, and Nottingham Building Society all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the purchaser to pull out.
Leasehold Conveyancing in Chathill - A selection of Queries before buying
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You will want to find out as much as possible concerning the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to every day issues like the cleanliness of the communal areas. You should not be shy to ask other people whether they are happy with their service. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the relevant party and specifically how they are spending that money. If a Chathill lease has no more than 80 years it will have adverse implications on the salability of the apartment. Check with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. For most Chathilllease extensions you will be be obliged to have been the owner of the premises for 24 months in order to be entitled to extend the lease. Plenty Chathill leasehold apartments will incur a service charge for maintenance of the block invoiced by the freeholder. Should you buy the property you will have to meet this liability, usually quarterly accross the year. This may differ from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common areas. In all probability there will be a ground rent for you to pay yearly, normally this is not a large amount, say about £25-£75 but you need to enquire it because occasionally it can be surprisingly expensive.