I am considering applying for a Skipton mortgage for purchase of a newly converted (under development) in Meopham with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Skipton ?
In theory, you could use a solicitor that is not on the Skipton conveyancing panel, but Skipton would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I need some expedited conveyancing in Meopham as I have a deadline to complete inside 4 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not taking a mortgage you have the choice not to have searches carried out although no conveyancer would recommend that you don't. With lots of history conveyancing in Meopham the following are examples of issues that can be revealed and adversely affect future mortgageability: Enforcement Actions, Overdue Charges, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up during conveyancing in Meopham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Meopham. 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 opted to have a survey done on a house in Meopham prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies will refuse to give a mortgage on such a house.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Meopham. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I better off to go with a Meopham conveyancing solicitor who is local to the property I am buying? I have an old university friend who can carry out the legal formalities however his firm is located 300miles drive away.
The benefit of a high street Meopham conveyancing practice is that you can visit the firm to execute documents, hand in your identification documents and apply pressure on them if necessary. Having local Meopham know how is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were impressed that must trump using an unfamiliar Meopham conveyancing solicitor solely due to them being Meopham based.
Is there an average conveyancing fee for conveyancing in Meopham?
The average cost last year for conveyancing in Meopham was just under one thousand five hundred pounds excluding Stamp Duty and Land Registry charges.