We're in Childs Hill, First timers purchasing with a mortgage (lender is Leeds Building Society , and our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Just had an offer accepted on a new build flat in Childs Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Childs Hill
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Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared.
I am looking for a leasehold apartment up to £305k and identified one close by in Childs Hill I like with a park and transport links nearby, however it only has 51 years on the lease. There is not much else in Childs Hill suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could 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 consult your conveyancing solicitor regarding this matter.
I am looking into buying my first house which is in Childs Hill and I am already nervous. I couldn't find anything specific about Childs Hill. Conveyancing will be needed in due course but do you know about the Childs Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Childs Hill. In the meantime here are some basic statistics that we found
In my capacity as executor for the will of my uncle I am selling a residence in Neath but I am based in Childs Hill. My solicitor (approximately 260 kilometers from meneeds me to sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Childs Hill who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Childs Hill based
I have read on a number of online forums that before choosing a conveyancing lawyer they need approved by your lender. This is my first home move but I have an AIP with HSBC and I already have a bricks and morter conveyancing lawyer in Childs Hill lined up. Does Virgin Money require an approved solicitor to be instructed? If so, where do I find that list so I can choose a conveyancing lawyer in Childs Hill?
You need to use a solicitor that is on the Virgin Money panel. Just telephone your chosen Childs Hill conveyancing solicitor to check if they are on the Virgin Money panel. If they are not on the panel you have numerous options open to you here:
- Carry on with your preferred Childs Hill solicitor but Virgin Money will no doubt retain a solicitor on their conveyancing panel. This will result in additional charges together with probable frustration.
- Choose a fresh conveyancing practitioner to conduct the conveyancing, obviously checking they are on the Virgin Money conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the Virgin Money panel of solicitors.