When it comes to lenders such as Coventry BS, do Laindon conveyancing practitioners incur an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I had a mortgage agreed in principle with Yorkshire BS. Laindon conveyancing solicitors were instructed. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?
There is no definitive answer here. Have Yorkshire BS completed the survey? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a DIP from TSB 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 TSB recommend any Laindon solicitors on the TSB conveyancing panel, or is it better to go independently?
You will need to appoint Laindon solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
Are there restrictive covenants that are commonly picked up during conveyancing in Laindon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Laindon. 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…’
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Laindon is the location of the property. What do you suggest?
Flying freeholds in Laindon are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Laindon you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Laindon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm refinancing my current property to a BTL loan with Lloyds TSB Bank and intend to use the remaining equity as a deposit on another house. The area we are talking about is Laindon. Will your solicitors be able to act for both sets of mortgage companies and link together the transactions?
Make use of our comparison tool on this site to check that the conveyancers are approved by both lenders. On the basis that they are the conveyancer will be able to connect the two deals but you should talk with you solicitor and communicate your expectations and needs.
Is it best to go with a Laindon conveyancing lawyer who is local to the property I am hoping to buy? We have a good friend who can perform the legal work however they are based over three hundred miles away.
The benefit of a high street Laindon conveyancing firm is that you can attend the office to execute documents, hand in your identification documents and apply pressure on them where appropriate. Having local Laindon know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were happy that must surpass using an unfamiliar Laindon conveyancing solicitor solely due to them being Laindon based.
What advice can you give us when it comes to appointing a Laindon conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Laindon conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Laindon conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
-
How familiar is the practice with lease extension legislation?
Leasehold Conveyancing in Laindon - Examples of Questions you should ask Prior to buying
-
Can you inform me if there are any major works in the near future that will increase the maintenance charges? Best to be warned if window replacement or some other major work is due in the foreseeable future to be shared by the tenants and will dramatically increase the the maintenance fees or result in a specific payment. Does the lease include onerous restrictions?