I am buying a maisonette in Forest Hall. My Conveyancer is not on the lender solicitor panel. Am I still permitted to use my Forest Hall conveyancing solicitor even though they are excluded from the bank panel?
You must appoint a conveyancer to complete the legal work required if you take out a loan to buy your home. They will carry out all the necessary investigations on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. One could instruct a Forest Hall conveyancer of your choosing. However, where the lawyer appointed is not a member of the mortgage company conveyancing panel supplemental charges will arise as separate legal representation will be required by them. Conveyancing panel applications can be submitted, so where your conveyancer has not previously applied for membership they can do so.
We were just about to sign contracts for a ground floor flat in Forest Hall. We have hit a snag. Our mortgage offer with Bank of Scotland runs out on 24/2/2025 but the vendors are suggesting a completion date of 26/2/2025. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your conveyancer who is in a position to assess if he or she is corresponding with the bank, vendor’s representatives, estate agents or conceivably all parties given what has happend in your house move as of today.
I am assisting my aunt sell her property in Forest Hall. Will the conveyancing solicitor arrange an energy performance certificate or should I organise this?
After the abolition of Home Information Packs, energy performance certificates remained a required element of selling a property. An energy performance certificate should be commissioned in advance of the property being marketed. It is not something that conveyancers normally arrange. Where you are instructing a Forest Hall conveyancing solicitor they may be willing to arrange energy performance certificates given their contacts with reputable Forest Hall assessors
We expect to receive a DIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Forest Hall solicitors on the Leeds Building Society conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Forest Hall solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
I am selling my apartment. I had a double glazing fitted in January 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, HSBC are being difficult. The Forest Hall solicitor who is on the HSBC conveyancing panel is recommending indemnity insurance as a solution but HSBC are requiring a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC 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.
How does conveyancing in Forest Hall differ for new build properties?
Most buyers of new build premises in Forest Hall approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because house builders in Forest Hall typically acquire the land, 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 Forest Hall or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Forest Hall in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks may refuse to issue a mortgage on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Forest Hall. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Forest Hall to see if the conveyancing costs will increase in light of this.
Given that I will soon part with over three hundred thousand on a terraced house in Forest Hall I would like to talk to a conveyancer concerning thetransaction ahead of giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Forest Hall.There is no ‘factory style conveyancing’ - each client is unique individual, not a case reference. The practices that we put you in touch with believe that the fees you are quoted for residential conveyancing in Forest Hall should be the amount on the final invoice that you are charged.