I am hoping to receive a mortgage offer from Santander. My intention is to retain the legal services of a Licensed Conveyancer in Maidenbower. Does the Santander Conveyancing panel include conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I am buying a house without a mortgage in Maidenbower. I have been residing for the previous 20 years in Maidenbower. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road intimately must I have all the conveyancing searches?
Provided that you do not need a home loan, then the vast majority of the Maidenbower conveyancing searches are at your discretion. Your solicitor will ’encourage you, no-doubt strongly, that you should have searches done, but he has a professional duty to take that path of encouragement . Do bear in mind; if you are going to sell the house in the future, it may be of interest to your future purchaser what the searches determine. Sometimes premises with day to day issues can still show up unpredicted search results. A competent conveyancing solicitor in Maidenbower should be able to give you some practical guidance in this regard.
Why is leasehold purchase conveyancing in Maidenbower is more expensive?
In summary, leasehold conveyancing in Maidenbower and West Sussex usually warrants additional work compared to freehold conveyancing. This includes reviewing the lease, liaising with the landlord concerning serving applicable notices, securing up-to-date service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first granted.
Due to the input of my in-laws I had a survey completed on a house in Maidenbower prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some banks will refuse to issue a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Maidenbower. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Maidenbower to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Maidenbower cover?
Maidenbower conveyancing for business premises incorporates a wide array of advice, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
How and when do I cover the costs of the Stamp Duty Land Tax chargeable for my house transaction in Maidenbower?
The conveyancer will fill out a Land Transaction Return Form on your behalf during your Maidenbower purchase transaction for you to sign. On completion your conveyancer will submit your Land Transaction application to the Tax Authorities and - assuming they have the funds - settle any land tax due for you.