It has come to my attention via my estate agent that my Old Coulsdon property lawyer is not on the bank Solicitor panel. What can I do to check?
Your first step should be to contact your Old Coulsdon conveyancer. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they may recommend you to a Old Coulsdon conveyancing firm that is on the approved list of lawyers for your mortgage company.
We see that you have a search directory listing solicitors on the Bank of Ireland conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Old Coulsdon?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Old Coulsdon.
My bid for a property was accepted at auction in Old Coulsdon. Conveyancing is necessary. What are my next steps?
Having legally bound yourself to purchase you should appoint a conveyancing lawyer as a matter of urgency as you are facing a tight deadline in which to complete the conveyancing. Every auction property will ordinarily have a corresponding legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the auction papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You need to hand this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete on the date specified in the contract.
We are purchasing a victorian detached house in Old Coulsdon. Our aim is to carry out an extension to the side at the property.Will the conveyancing process include investigations to see if these works are prohibited?
Your conveyancer should check the registered title as conveyancing in Old Coulsdon will occasionally identify restrictions in the title documents which restrict categories of works or need the permission of a 3rd party. Some works require local authority planning permissions and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Two weeks ago we had a mortgage agreed in principle with Barclays. Old Coulsdon conveyancing solicitors are chosen. What is the average time that one could expect to receive a mortgage offer from Barclays?
There is no definitive answer here. Have Barclays conducted the valuation? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Just had an offer accepted on a new build apartment in Old Coulsdon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Old Coulsdon
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Due to the input of my in-laws I had a survey completed on a property in Old Coulsdon ahead of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks tend not grant a loan on such a premises.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Old Coulsdon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Old Coulsdon to see if the conveyancing costs will increase in light of this.
Do I stop the direct debit for my mortgage with HSBC as soon as a completion date for my home sale in Old Coulsdon has been set?
You would be well advised to keep meeting any mortgage sums to HSBC until the mortgage is repaid on completion as part of your Old Coulsdon conveyancing.