Do the conveyancing lawyers listed on your site carry out attended exchange conveyancing in Norton?
There are a few conveyancing specialists carrying out 24hr exchanges. Please e-mail us to secure a costs illustration and details as to dates.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would prefer to instruct a local conveyancing solicitor in Norton?
Do check but the the likelihood is that appoint one of their panel solicitors should you accept the "fee-free" offer. Contact the mortgage company to ask if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Norton.
Does a directory service exist listing RBS panel solicitors in Norton on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of mortgage companies make their panel listings viewable on the web. Where you are in need of a Norton solicitor on the RBS please use our tool.
I have instructed a Norton solicitor having made sure that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Norton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Kent Reliance have agreed my mortgage in principle, my bid on a apartment in Norton has been agreed to, what are the next steps?
Your property agent will wish to be informed of your solicitor's details (ensure that the conveyancing practitioners are on the lender’s approved list). Call up Kent Reliance or your broker and finalise any appropriate paperwork. Kent Reliance will instruct a valuer who will get in contact with the estate agent or owners to book a time for the valuation to take place. Once carried out (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Kent Reliance will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Norton.
Should our conveyancer be raising enquiries regarding flooding during the conveyancing in Norton.
Flooding is a growing risk for conveyancers dealing with homes in Norton. There are those who purchase a house in Norton, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Lawyers are not qualified to offer advice on flood risk, but there are a various checks that may be initiated by the purchaser or on a buyer’s behalf which should figure out the risks in Norton. The conventional set of information sent to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard inquiry of the vendor to discover whether the property has ever been flooded. In the event that the residence has been flooded in past and is not disclosed by the vendor, then a buyer may bring a legal claim for losses as a result of such an inaccurate answer. A purchaser’s conveyancers may also conduct an enviro search. This will reveal if there is any known flood risk. If so, additional inquiries will need to be carried out.
We're FTB’s - agreed a price, but the selling agent advised that the vendor will only issue a contract if we use their chosen conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Norton
We suspect that the seller is not behind this requirement. If they desire ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you are going to use your preferred Norton conveyancing firm - not the ones that will give their negotiator at the agency a commission or achieve conveyancing targets set by corporate headquarters.
Estate agents have just been given the go-ahead to market my garden flat in Norton. Conveyancing solicitors are to be appointed soon, however I have recently had a quarterly maintenance charge invoice – Do I pay up?
It best that you discharge the service charge as usual as all rents and maintenance charges should be apportioned as part of the financial calculations for completion monies, 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 unless 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. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Norton - Examples of Queries before Purchasing
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Please tell me if there are any major works in the planning that could increase the service charges? What is the annual service fee and ground rent? Best to be warned if redecorating or some other significant cost is due in the near future to be shared amongst the tenants and could well materially impact the level of the service costs or require a specific invoice.