Just contacted my conveyancing lawyer in Lancaster who acted for me two years ago requesting a conveyancing quote based on an identical type of house move (a leasehold premises and a freehold premises) of almost identical values with a home loan from Halifax. It looks as though am now being quoted double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The costs illustration is slightly on the expensive side. If you you were to look around you may be able to decrease the fees slightly by say £125. On the other hand, if you were pleased with the assistance the firm gave you mightlive to rue opting for an an unknown solicitor. Don't forget to check that the solicitor can act for Halifax. Do employ our search tool to get a quote a Lancaster conveyancing firm on the Halifax approved list of lawyers, which can often include conveyancing solicitors in Lancaster.
I am under pressure from the executor of a property in Lancaster to complete within four weeks. What can I do to accelerate the conveyancing process?
In a situation where the seller is applying time constraints for your conveyancing we would recommend that your solicitor is familiar with the area as they will make use of local contacts and knowledge. It is even conceivable that they could have transacted otherproperties in the same road. Therefore consider using a Lancaster conveyancing firm. In addition, be sure that the lawyer is on the lender panel. It is claimed that nearly one in five of Lancaster conveyancing transactions are frustrated or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the home move being held up by as much as three weeks. It is claimed that this issue affects approximately one hundred thousand home moves every year. Almost all Lancaster conveyancing practices can not act for certain lenders so do check as early as possible.
We just had an offer accepted to purchase with Earl Shilton BS. I went into a couple of high street practices but cant to find a Lancaster conveyancing firm on the Earl Shilton BS panel. Please you assist?
You should take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type Lancaster or your preferred area and you will see a number of lawyer located in Lancaster or nearest you.
Due to the advice of my in-laws I had a survey completed on a house in Lancaster in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders tend not give a mortgage on such a property.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lancaster. Conveyancing will be smoother if you use a solicitor in Lancaster especially if they are accustomed to such properties in Lancaster.
I'm converting the mortgage on my existing property to a BTL mortgage with Barclays Direct and intend to use the remaining equity as a deposit on a second property. The area we are looking at is Lancaster. Will your conveyancers be able to act for both sets of banks and link together the two deals?
Do use our search tool on this site to be sure that the conveyancers are approved by both mortgage companies. On the basis that they are your solicitor will be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make clear your desired outcome and needs.
Having had my offer accepted I require leasehold conveyancing in Lancaster. Before I set the wheels in motion I want to be sure as to the remaining lease term.
If the lease is registered - and almost all are in Lancaster - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Lancaster Conveyancing for Leasehold Flats - A selection of Questions you should ask before Purchasing
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Are there any major works anticipated that will likely add a premium to the maintenance charges? Where a Lancaster lease has less than eighty years it will impact the salability of the flat. Check with your bank that they are content with the length of the lease. A short lease means that you will probably require a lease extension sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you will be required to have owned the property for a couple of years before you are entitled to extend the lease.