I am purchasing a house mortgage free in Curdworth. I have been living for the previous twelve years in Curdworth. Conveyancing searches are exorbitant. Given that I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Curdworth conveyancing searches are optional. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches completed, but he has a professional duty to take that path of encouragement . One thing to take into account; if you are likely to sell the house one day, it may be of relevance to your prospective buyer what the searches disclose. There are plenty of instances where properties with functional issues can still throw up unexpected search results. A good conveyancing solicitor in Curdworth should provide you some sensible advice in this regard.
We're in Curdworth, First time buyers purchasing with a mortgage (lender is HSBC , and our solicitor is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor 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.
Last month we had a mortgage agreed in principle with Kent Reliance. Curdworth conveyancing lawyers are appointed. How long does it take for Kent Reliance to send the offer to the lawyer?
There is no definitive answer here. Have Kent Reliance done the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Curdworth building society branch on numerous occasions and was reassured it wasn't an issue and they would lend. My Curdworth conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend based on their specific requirements. I have no idea who is right.
As long as the conveyancer is on the bank panel, they must comply with the Council of Mortgage Lenders’ Handbook requirements for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Planning on purchasing a apartment in Curdworth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Santander conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Curdworth conveyancing practitioner is on the Santander conveyancing panel.
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who did the conveyancing in Curdworth 10 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to hold title deeds to prove you own the land or premises, given that the Land Registry have everything they need in a digital format.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Curdworth I like with a park and station nearby, however it's only got 49 years unexpired on the lease. I can't really find anything else in Curdworth for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage that many years may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
We have recently had an offer accepted on our first home in Curdworth, and need to get solicitors appointed. I have used the various comparison tools and the results are from all over the England and Wales. Is it necessary to have a Curdworth property lawyer local to the potential property? I am content to do everything electronically, but I guess at some point we will be required to physically go into the lawyer's office to sign contracts?
Generally there is no requirement to attend the office of your conveyancing practitioner, they can send any relevant documents to you, which you can sign and send back. Many home movers nevertheless opt to use a locally based solicitor, but it is not a prerequisite for conveyancing in Curdworth.