Much to our surprise we have been advised by our lender that my Ferryside solicitor is not on the bank Conveyancing panel. What can I do to be sure that this is correct?
Your first step should be to call your Ferryside lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
We are purchasing a house and require a conveyancing solicitor in Ferryside who is on the Yorkshire BS approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Ferryside.
We're in Ferryside, 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.
My aunt advised me that in purchasing a property in Ferryside there could be a number of restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of a number of properties in Ferryside which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Ferryside should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are aiming to move property in January. Will my conveyancing solicitor call the removal company on the completion day. On a separate note, can you suggest a removal company in Ferryside. Conveyancing firm was organised before I stumbled across this site.
On the afternoon of completion you can pick up the keys from your property agent however this should only take place after the vendors solicitors advise the agent that the monies to complete are in and the keys can be collected. Subsequently you will need to tell the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can help you locate a conveyancing in Ferryside or a lawyer that specialises in conveyancing in Ferryside.
I have a mortgage with Coventry BS for my property in Ferryside. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Coventry BS?
Your original mortgage agreement with Coventry BS will provide that you need their approval before renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. It may be that Coventry BS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel lawyer.
I decided to have a survey done on a house in Ferryside before appointing lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks tend not issue a mortgage on this type of property.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ferryside. Conveyancing will be smoother if you use a solicitor in Ferryside especially if they are familiar with such properties in Ferryside.
There are a number of properties in Ferryside on private roads. We are purchasing one such house. What are the pros and cons of buying a property on a privately owned road?
Ferryside conveyancing solicitors will be familiar with conveyancing propertieson unadopted roads. Your property lawyer will review the title to find any rights or responsibilities. It is possible that there is a management company (wholly owned by residents) that residents pay into for the upkeep of the road. If there is one, the road will likely be maintained and appear better than publicly adopted.