Much to our surprise we have been told by our mortgage adviser that my Port Clarence property lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain whether this is indeed the case?
The best course of action for you to take is to call your Port Clarence lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
I had a mortgage agreed in principle with Skipton. Port Clarence conveyancing solicitors have been chosen. How long does it take for Skipton to send the offer to the property lawyer?
There is no definitive answer here. Have Skipton done the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a DIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Port Clarence solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Port Clarence solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I have decided to exercise my right to buy my property in Port Clarence off the council. I have a mortgage agreed with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
How does conveyancing in Port Clarence differ for newly converted properties?
Most buyers of new build premises in Port Clarence approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Port Clarence typically purchase 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 conveyancers 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 accustomed to new build conveyancing in Port Clarence or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Port Clarence in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies tend not give a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you contact us we can investigate further with 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 Port Clarence. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to instruct a conveyancing solicitor for some conveyancing in Port Clarence. I've discover a site which appears to be the perfect answer If there is a chance to get all the legals done via web that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Last June I purchased a leasehold house in Port Clarence. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Port Clarence - Examples of Queries Prior to buying
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Be sure to enquire if the the lease includes any adverse restrictions in the lease. For example plenty of leases prohibit pets being permitted in in a block in Port Clarence. If you love the propertyin Port Clarence however your cat is not allowed to make the move with you then you have a very hard choice. Does the lease include onerous restrictions? The majority of Port Clarence leasehold flats will have a service bill for the upkeep of the block set by the landlord. Where you buy the apartment you will have to meet this liability, usually periodically accross the year. This can be anything from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a rentcharge to be met annual, normally this is not a exorbitant amount, say approximately £25-£75 but you should to check it because on occasion it can be many hundreds of pounds.