I have given 8 weeks notice to my current landlord and have to vacate my let out apartment in Sandown by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in 4 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to give notice for your letting until you have exchanged. Assuming that you have not already done so, speak to your conveyancer and ask them to they apply pressure on the other solicitors, try to get a realistic time scale from them that everyone will look to achieve
Is it correct that all Sandown CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing panel?
A selection of lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
How can we know in advance if a Sandown conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Sandown getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer handling your transaction.
I have finally had an offer on a maisonette in Sandown agreed to, the owners do nevertheless have a tied purchase. The owners have put an offer on on an apartment, however it’s not been accepted yet, and are looking at other properties booked. I have chosen a high street conveyancing solicitor in Sandown. What should be my next step? When should I get the mortgage application with Leeds Building Society started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then valuation, Sandown conveyancing search costs, etc). The first thing to do is check that your lawyer is on the Leeds Building Society approved list. Concerning the next steps this very much depends on the specifics of your transaction, attraction to this property and on the state of the market. In a rising market many purchasers would apply for the mortgage with Leeds Building Society and pay for the valuation and only if it was satisfactory would they request their property lawyer to press on with searches.
Will our conveyancer be making enquiries about flooding as part of the conveyancing in Sandown.
The risk of flooding is if increasing concern for lawyers dealing with homes in Sandown. Plenty of people will acquire a property in Sandown, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Solicitors are not qualified to impart advice on flood risk, but there are a various checks that can be undertaken by the purchaser or by their lawyers which can give them a better appreciation of the risks in Sandown. The conventional set of property information forms supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the seller to find out whether the premises has ever been flooded. In the event that flooding has previously occurred which is not disclosed by the seller, then a purchaser could bring a compensation claim resulting from an inaccurate reply. A buyer’s conveyancers should also commission an enviro search. This should disclose whether there is any known flood risk. If so, further investigations should be carried out.
My wife and I have a renovated Victorian property in Sandown. Conveyancing solicitor represented me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Accord Mortgages Ltd to clarify?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sandown and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing solicitor who conducted the conveyancing.
I'm converting the mortgage on my current home to a BTL loan with Birmingham Midshires and intend to use the remaining equity as a down payment on a second property. The neighborhood we are looking at is Sandown. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Do use our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Assuming that they are the lawyer will be able to tie up the two deals but you should talk with you conveyancer and communicate your expectations and requirements.
In my capacity as executor for the will of my father I am disposing of a residence in Monmouth but I am based in Sandown. My lawyer (based 250 kilometers from meneeds me to sign a stat dec ahead of completion. Could you suggest a conveyancing solicitor in Sandown to attest this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are based in Sandown