We decided to go with a Crawley based lawyer for my conveyancing in Crawley recently. Going through the Terms it is apparent thatwe are responsible for charges even if the movefalls through. Should I go with them or instruct an internet firm who offer no move no charge conveyancing in Crawley?
Generally there is a concession along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be uplifted to cover those cases that do not proceed. You should be mindful that such arrangements generally do not cover outlay such as Crawley conveyancing search expenses.
Is it the case that all Crawley solicitor practices on the Barclays conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Barclays approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many mortgage companies do permit licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
I'm in the process of looking at houses in Crawley and I am now considering a potential offer. Should I already have a property lawyer in place at this point? I intend to finance via a home loan with Virgin Money.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are seeking a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
I am due to exchange contracts on my apartment. I had a double glazing fitted in June 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Clydesdale are being problematic. The Crawley solicitor who is on the Clydesdale conveyancing panel is saying indemnity insurance will be fine but Clydesdale are requiring a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Various internet forums that I have visited warn that are a common cause of delay in Crawley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to feature in any delay in conveyancing in Crawley.
I'm purchasing a new build house in Crawley with a loan from Platform Home Loans Ltd. The developers refused to reduce the amount so I negotiated £7000 of extras instead. The property agent suggested that I not to tell my lawyer about this side-deal as it could affect my loan with Platform Home Loans Ltd. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In my capacity as executor for the will of my grandmother I am selling a residence in Swansea but reside in Crawley. My conveyancer (who is 235 kilometers from mehas requested that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Crawley to attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Crawley based
I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a house with a leasehold title in Crawley. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Crawley ?
Most houses in Crawley are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Crawley so you should seriously consider looking for a Crawley conveyancing practitioner and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is located on an estate. Your solicitor will advise you fully on all the issues.
Crawley Leasehold Conveyancing - Sample of Questions you should consider before buying
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How is the lease structured? Please note if it is fewer than eighty years it will affect the salability of the property. Check with your bank that they are happy with remaining years on the lease. Leases with less than 80 years remaining means that you will almost definitely need a lease extension sooner rather than later and it is worth finding out what this would cost. For most Crawleylease extensions you would need to own the property for a couple of years before you are entitled to carry out a lease extension. The best form of lease structure is if the freehold title is owned by the leaseholders. In this scenario the leaseholders benefit from control and even though a managing agent is usually retained if it is larger than a house conversion, the managing agent acts for the leaseholders themselves.