I am expecting a mortgage with Santander. I intend to employ the services of a Licensed Conveyancer in Sandhurst. Does the Santander Conveyancing panel exclude Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Our lawyer has discovered a a legal deficiency with the lease for the apartment we are purchasing in Sandhurst. The seller’s lawyers have put forward defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the mortgage company is happy with this solution. Who is the client here, us or the mortgage company ?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions must be adhered to.
Can your site be used to locate a Conveyancing solicitor in Sandhurst even where I’m not purchasing or selling a house, for instance if I intend to acquire an office in Sandhurst with a loan from Chelsea Building Society?
Our search tool is primarily used to find domestic conveyancing solicitors in Sandhurst but we have set out at the end of this page a few Sandhurst commercial conveyancing firms. You should speak with the solicitors directly to see if they are also authorised to represent Chelsea Building Society
My relative recommended that if I am buying in Sandhurst I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Sandhurst conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Sandhurst around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Sandhurst Education with plans and statistics, Local Amenities and other useful information about Sandhurst.
Are there restrictive covenants that are commonly picked up during conveyancing in Sandhurst?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Sandhurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Sandhurst differ for newly converted properties?
Most buyers of new build property in Sandhurst 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 new home sellers in Sandhurst usually 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 accustomed to new build conveyancing in Sandhurst or who has acted in the same development.