I am considering applying for a UBS mortgage for purchase of a newly converted (under development) in Sawston with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for UBS ?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Sawston? or I am told that there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to pay for repairs to the chancel in proximity to the church. Is this relevant for conveyancing in Sawston?
Unless a prior purchase of the premises completed after 12 October 2013 you could assume that solicitors handling conveyancing in Sawston to continue to suggest a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Sawston?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Sawston. 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…’
The estate agent has sent us the confirmation of our purchase of a new build flat in Sawston. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Sawston
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Please confirm the Lease plans are architect prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants.
Due to the advice of my in-laws I had a survey completed on a property in Sawston ahead of instructing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks may refuse to grant a mortgage on such a home.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. If you contact us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sawston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sawston to see if the conveyancing costs will increase in light of this.
We are 14 days into a leasehold purchase having been referred to conveyancers by the estate agent to perform conveyancing in Sawston. We are not happy. Could you help me find new solicitors?
A solicitor would need to be very bad to suggest changing them. Has your mortgage been sent? In the event that it has you must make them aware of the new lawyer and have the offer are re-sent. Your new conveyancer needs to be on the mortgage company panel to avoid escalating expenses and frustration. So that should be your starting point. Our find a solicitor tool should help you find a bank approved solicitor for your conveyancing in Sawston