I have been referred to a conveyancing solicitor in Hagley. I I would like to check whether they are on the Nottingham Building Society conveyancing panel. Can you assist?
You should phone your solicitor and enquire whether they can act for the bank. Alternatively you can call Nottingham Building Society who may be able to help.
This question may be naive but I am unexperienced as FTB of a garden flat in Hagley. Do I receive the keys to the premises on completion from my conveyancer? If this is the case, I will find a High Street conveyancing solicitor in Hagley?
On the day of completion you will not be required to attend the conveyancers office in Hagley. Your solicitors will arrange to send the completion advance to the vendor’s solicitors, and once they have received this, you should be called to pick up the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
Can you help - my lawyer says that restrictive coveneant insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Hagley?
The right level of restrictive coveneant indemnity insurance depends on your lender. It would differ for example between Halifax and The Royal Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such insurances.
When it comes to mortgage companies such as Leeds Building Society, do Hagley property lawyers incur an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We are close to exchanging contracts on the sale of our home in Hagley and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers instructed a nationwide conveyancing practice rather than a conveyancing solicitor in Hagley. Having lived in Hagley for three years we know that this is a non issue. Should we contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am looking for a leasehold apartment up to £245,000 and identified one near me in Hagley I like with open areas and station nearby, however it only has 49 years on the lease. I can't really find anything else in Hagley for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
How easy is it to swap conveyancer as I have to select a firm on the Nationwide Building Society conveyancing list. I was using a family conveyancing solicitor in Hagley five minutes from me but the firm is not approved by Nationwide Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Hagley on the Nationwide Building Society panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Hagley. In making use of search facility on this page, you can contrast costs for conveyancing solicitors in Hagley and beyond.
Why can't I complete our conveyancing in Hagley on May bank holiday?
Because on completion the money needs to be transferred electronically between the banks of the purchaser and owner’s solicitor and at present this can only take place on a working day. So you can't complete on a weekend either.