My property lawyer in North Baddesley has never been on on the Clydesdale Conveyancing Panel. Is it possible for me to continue with my prefered solicitor even though they are excluded from the Clydesdale panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your existing North Baddesley solicitors but Clydesdale will need to use a solicitor on their panel. This will inevitably rack up the total legal charges as well as cause delays.
- Find a new practitioner to to deal with the conveyancing, not forgetting to check they are on the Clydesdale panel
How does conveyancing in North Baddesley differ for new build properties?
Most buyers of new build premises in North Baddesley come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in North Baddesley tend to acquire the land, 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 North Baddesley or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in North Baddesley before retaining solicitors. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks may refuse to issue a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in North Baddesley. Conveyancing may be slightly more expensive based on your lender's requirements.
We're FTB’s - had an offer accepted, yet the selling agent has warned us that the vendor will only move forward if we use the agent's recommended conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a local solicitor accustomed to conveyancing in North Baddesley
We suspect that the owner is unaware of this ultimatum. If they require ‘a quick sale', turning down a serious purchaser is likely to cause more damage than good. Speak to the owners direct and make the point that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you intend to instruct your own,trusted North Baddesley conveyancing solicitors - not the ones that will give their estate agent a kickback or achieve conveyancing thresholds demanded by senior management.
I’m about to sell my ground floor flat in North Baddesley. Conveyancing is yet to be initiated, but I have recently received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
North Baddesley Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing
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Are any of leasehold owners in arrears of their service charge liability? Does the lease include onerous restrictions?
Do online conveyancing companies do everything a local North Baddesley solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in North Baddesley?
Where you choose an online conveyancer they will cover all the work your North Baddesley conveyancer will cover.