I plan on purchasing a leasehold flat in Greystones. My Conveyancer is not on the lender solicitor panel. Can I still use my Greystones conveyancing solicitor notwithstanding that they are excluded from the lender panel of approved conveyancing solicitors?
You must appoint a lawyer to complete the legal work required when you need a loan to buy your home. They will conduct all the necessary legal checks on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is in order. You could select a Greystones solicitor of your choosing. Nevertheless, if the solicitor selected is not a member of the mortgage company approved list further charges will arise as separate legal representation will be need by the mortgage company. Lender panel applications can be submitted, so if your lawyer has not previously sought membership they should do so.
Finally the sale completed on my house in Greystones last June but the buyer keeps whats apping daily to say her lawyer is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your sale your solicitor is obliged to send the transfer documentation and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer must also confirm that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion steps peculiar conveyancing in Greystones.
My Conveyancer in Greystones is not on the National Westminster Bank Solicitor Panel. Can I still use my family solicitor even though they are excluded from the National Westminster Bank panel?
Your options are as follows:
- Carry on with your preferred Greystones solicitors but National Westminster Bank will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total conveyancing charges and result in frustration.
- Choose an alternative lawyer to act in the purchase, remembering to check they are Convince your lawyer to use their best endeavours to join the National Westminster Bank conveyancing panel
A friend pointed out to me me that in buying a property in Greystones there could be a number of restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Greystones which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Greystones should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am being told by my conveyancer that flying freehold insurance is necessary on my purchase. What is the level of cover for Greystones conveyancing?
The appropriate level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Coventry Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
I've read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Greystones solicitor - who is on the Barclays conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Greystones surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a property in Greystones? or I am told that there is historic law that means some house owners residing in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Greystones?
Unless a previous acquisition of the house completed after 12 October 2013 you may assume that solicitors handling conveyancing in Greystones to remain encouraging a chancel search and or chancel repair liability policy.
Me and my husband have recently had a bid accepted on our 1st house in Greystones, and are now looking to get solicitors lined up. We have utilised the numerous comparison based websites and the results are from all across the the UK. Is it critical to have a Greystones conveyancing practitioner local to your potential property? We are willing to do everything electronically, but I guess at some stage we may need to attend the conveyancing practitioner's office to sign contracts?
There is no requirement to attend the office of your property lawyer, they can post any relevant contracts to you, which you can sign and send back. Many buyers and sellers nevertheless opt to use a locally based solicitor, but it is not essential for conveyancing in Greystones.