I plan on acquiring a maisonette in Poundbury. My Solicitor is not listed on the mortgage company approved list. Can I still appoint my Poundbury conveyancing solicitor even though they are not on the lender panel of approved conveyancing solicitors?
You have numerous options available to you here
- Carry on with your preferred Poundbury solicitor but your bank will no doubt retain a conveyancing practitioner from their approved panel. This will result in additional charges together with probable delay.
- Choose a new property lawyer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your lawyer to seek to join the lender panel
We are about to exchange contracts for a freehold house in Poundbury. We encountered a problem. Our loan offer with Nottingham Building Society expires on 4/4/2025 but the vendors are insisting on a completion date of 8/4/2025. Is it possible to prolong the loan offer?
The person best placed to deal with your issue is your conveyancer who should calculate if they corresponding with the lender, seller’s conveyancers, estate agents or conceivably all three taking into account the history of your transaction as of today.
If you had a top tip for selecting a conveyancing solicitor in Poundbury what would it be?
Do not opt for the lowest Poundbury conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a garden flat in Poundbury. Do I pick up the keys to the premises on the completion date from my conveyancer? If so, I will appoint a local conveyancing solicitor in Poundbury?
On the day of completion you will not be required to attend the conveyancers office in Poundbury. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you will be able to receive the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
After what feels like an age I have had an offer on a flat in Poundbury agreed to, but there is a chain. The owners have offered on a property, however it’s not yet tied up, and have viewings of other flats booked. I have chosen a nearby conveyancing solicitor in Poundbury. What should be my next step? When should I get the mortgage application with RBS started?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is in the region of £1k, then survey, Poundbury conveyancing search costs, etc). The first thing to do is check that your solicitor is on the RBS conveyancing panel. As to the subsequent phase this very much depends on the uniqueness of your transaction, desire for the property and on the state of the market. During a hot market some buyers will apply for a home loan with RBS and pay for the valuation and only if it comes back ok would they ask their property lawyer to proceed with searches.
What does a local search reveal about the property we're purchasing in Poundbury?
Poundbury conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for example Xpress Legal The local search is essential in every Poundbury conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
What makes your site different to other online quote calculators when it comes to conveyancing in Poundbury?
At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Poundbury. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your property ownership legalities in Poundbury
My wife and I purchased a leasehold flat in Poundbury. Conveyancing and Alliance & Leicester mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Poundbury who acted for me is not around. Any advice?
The first thing you should do is contact the Land Registry to make sure that the individual claiming to own the freehold is in fact the new freeholder. It is not necessary to instruct a Poundbury conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Poundbury Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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Best to be warned if fixing the lift or some other significant cost is pending to be shared amongst the tenants and could well dramatically increase the the service charges or necessitate a specific invoice. How is the lease structured?