I was advised yesterday by my broker that my Little Hampton the law firm I have appointed is not on the lender Conveyancing panel. How can I be sure that this is correct?
Your first step should be to call your Little Hampton lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
Finally the sale completed on my house in Little Hampton last July yet the purchaser is e-mailing me to say his conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your house sale your conveyancer is obliged to forward the transfer documentation and all additional paperwork to the purchaser's lawyers. Where relevant, your solicitor must also confirm that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion formalities just for conveyancing in Little Hampton.
My lawyer in Little Hampton is not listed on the Godiva Mortgages Ltd Approved Panel. Is it possible for me to continue with my family solicitor even though they are excluded from the Godiva Mortgages Ltd list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Little Hampton solicitors but Godiva Mortgages Ltd will need to instruct a solicitor on their panel. This will result in additional overall conveyancing fees and cause frustration.
- Get an alternative solicitor to act in the conveyancing, not forgetting to check they are on the Godiva Mortgages Ltd panel
How does conveyancing in Little Hampton differ for new build properties?
Most buyers of new build residence in Little Hampton contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Little Hampton typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Little Hampton or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Little Hampton prior to instructing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend not grant a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Little Hampton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Little Hampton to see if the conveyancing will be more expensive.
I am in need of some leasehold conveyancing in Little Hampton. Before diving in I require certainty as to the remaining lease term.
Assuming the lease is registered - and almost all are in Little Hampton - then the leasehold title will always include the basic details 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.
Leasehold Conveyancing in Little Hampton - A selection of Queries Prior to Purchasing
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The prefered form of lease arrangement is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and even though a managing agent is usually retained where the building is bigger than a house conversion, the managing agent retained by the leaseholders. You will want to find out as much as you can regarding the company managing the block as they will either make your living at the property much simpler or uncomfortable. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to daily issues such as the tidiness of the common parts. Don't be shy to ask other people whether they are happy with their service. Finally, investigate as to the dates that the maintenance fees are due to the appropriate party and specifically what it includes. This information is helpful as a) areas could result in problems in the building as the common areas may start to deteriorate if repairs are not paid for b) if the leasehold owners have a dispute with the running of the building you will wish to have complete disclosure