My mortgage broker says he needs my Epsom solicitor’s panel reference for the Santander conveyancing panel. How do I obtain this. I have called my local Epsom branch but they cant find it on their system.
You are best placed to get this information from your Epsom property lawyer . They keep a central record lender panel numbers.
Why is leasehold purchase conveyancing in Epsom is more expensive?
Epsom leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Is there a search tool that I can use to check that the solicitor handling my conveyancing in Epsom is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus spending £192.00 in further legal bill.
You should take advantage of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type ‘Epsom’ or your location and you will see a number of lawyer offices in Epsom or near you.
I am aiming to move house in August. Does my conveyancing solicitor call the removal company on the completion day. On a separate note, can you put forward a removal company in Epsom. Conveyancing solicitor was organised before I stumbled across this site.
On the day of completion you can pick up the keys from the property agent however this should only be done when the sellers conveyancers inform the agent that they have the completion monies and the keys can be passed over. Subsequently you will need to advise the removal men that they can start moving you in. We are not in a position to recommend a particular removal organisation but can help you choose a conveyancing in Epsom or a solicitor that specialises in conveyancing in Epsom.
We previously selected solicitors based in Epsom on the TSB solicitor approved list. They have just invoiced me a separate charge for dealing with the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
Provided it is contained in their Terms of Engagement or estimate then yes your solicitor may charge a fee for this. This charge is not dictated by TSB but by your Epsom conveyancing practitioner. Some firms on the TSB panel will quote ’dealing with mortgage’ fee but many practices include it on their overall fee.
We have agreed to purchase a house in Epsom. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
Given that you are obtaining a mortgage with Aldermore your lawyer must follow the formal requirements set out in Section two of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and conveyancers are required to report to Aldermore where a lease does not comply with these conditions. The conditions relate to the installation of panels on properties countrywide and is not restricted to Epsom.
I have been told that property searches are a common reason for stalling in Epsom house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances in the conveyancing process. Searches are unlikely to be the root cause of holding up conveyancing in Epsom.
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Epsom I like with amenity areas and station in the vicinity, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Epsom for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage that many years will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.