We are planning to acquire a flat and need a conveyancing solicitor in Great Shelford who is on the Clydesdale conveyancing panel. Can you recommend a local conveyancing 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 Clydesdale . We don't recommend any particular firms conducting conveyancing in Great Shelford.
Are there restrictive covenants that are commonly picked up during conveyancing in Great Shelford?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Great Shelford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a house in Great Shelford in advance of instructing lawyers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to give a loan on this type of premises.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Shelford. Conveyancing will be smoother if you use a solicitor in Great Shelford especially if they are accustomed to such properties in Great Shelford.
Am I right to be concerned about brokers that I am dealing with are encouraging me to use an internet conveyancing firm rather than a local Great Shelford conveyancing firm?
As with lots of professional services, often referrals from relatives can be extremely useful or valuable. Yet there are numerous players in a conveyancing deal; estate agents, financial adviser and mortgage companies may recommend solicitors to instruct. Sometimes the lawyers might be known to one of the organisations as being good in their field, but sometimes there behind the scenes commercial relationship behind the recommendation. You are free to select your preferred conveyancer. Don't forget that the majority of lenders specify a panel list of conveyancers you must use for the mortgage aspect of your conveyancing.
In relation to leasehold conveyancing in Great Shelford what are the most common lease problems?
Leasehold conveyancing in Great Shelford is not unique. Most leases are drafted differently and drafting errors can sometimes mean that certain clauses are erroneous. The following missing provisions could result in a defective lease:
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A provision to repair to or maintain parts of the property A duty to insure the building
You will have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Chelsea Building Society, and Platform Home Loans Ltd all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, obliging the buyer to pull out.
Great Shelford Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
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What is the name of the managing agents? Does the lease have more than 80 years left? Is the freehold owned collectively by the leaseholders?
After what seems like an age I have had an offer on an flat in Great Shelford agreed to, the vendor does however have an associated purchase. The vendors have offered on somewhere, but it’s not yet agreed to, and has viewings of other flats booked. I have instructed a local conveyancing solicitor in Great Shelford. What do I do now? When do I get the mortgage application with Nationwide started with Nationwide?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then survey, Great Shelford conveyancing search fees, etc). First, you must ensure that your lawyer is on the Nationwide approved list. Concerning the next phase this very much dictated by the circumstances of your case, desire for this property and on the state of the market. During a rising market many purchasers will apply for a home loan with Nationwide and arrange for the survey and only if it comes back ok would they request their lawyer to press on with the conveyancing in Great Shelford.