I am considering applying for a Lloyds mortgage for purchase of a new build (under development) in Edenbridge with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Lloyds ?
In theory, you could use a solicitor that is not on the Lloyds conveyancing panel, but Lloyds would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Me and my partner are purchasing a property in Edenbridge. I might seem paranoid but how we can trust a solicitor? At some point we will need to put our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are aiming to move home in April. Does my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in Edenbridge. Conveyancing lawyer was chosen prior to coming across your website.
On the afternoon of completion you will need to collect the keys from your selling agent but this can only happen after the sellers lawyers inform the agent that they have the completion monies and the keys can be passed over. After that you should inform the removal company that they can start moving you in. We do not suggest a specific removal company but can assist you in choosing a conveyancing in Edenbridge or a solicitor that specialises in conveyancing in Edenbridge.
My sealed bid on a detached house in Edenbridge has been accepted, the sellers do nevertheless have an associated purchase. The sellers have placed an offer on a flat, but it’s not yet tied up, and are looking at other properties in the pipeline. I have chosen a local conveyancing solicitor in Edenbridge. What should be my next step? When do I get the mortgage application with Skipton going?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then survey, Edenbridge conveyancing search fees, etc). First, you should check that your lawyer is on the Skipton approved list. As to the next stages this very much depends on the specifics of your transaction, desire for this property and on the state of the market. In a rising market many purchasers would apply for the mortgage with Skipton and pay for the valuation and only if it was satisfactory would they pay their property lawyer to proceed with searches.
My wife and I purchased a renovated Edwardian property in Edenbridge. Conveyancing lawyer represented me and Halifax. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Edenbridge and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing solicitor who conducted the conveyancing.
How does conveyancing in Edenbridge differ for newly converted properties?
Most buyers of new build property in Edenbridge contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Edenbridge tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Edenbridge or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Edenbridge ahead of instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies may not grant a mortgage on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Edenbridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Edenbridge to see if the conveyancing costs will increase in light of this.
Given that I will soon part with 450k on 3 bedroom house in Edenbridge I would like to talk to a conveyancer about mytransaction prior to instructing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer who will be conducting your property ownership legalities in Edenbridge.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Edenbridge should be the amount on the final invoice that you end up paying.