I am considering applying for a Virgin Money mortgage for purchase of a newly converted (under development) in Seascale and Sellafield with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Virgin Money ?
There is nothing to stop you using your solicitor, but Virgin Money will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
What can a local search tell me regarding the house we're buying in Seascale and Sellafield?
Seascale and Sellafield conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays a central part in most Seascale and Sellafield conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications applicable to the premises (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 subject areas.
I used Action Conveyancing several years ago for my conveyancing in Seascale and Sellafield. I now require my papers however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Seascale and Sellafield of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Seascale and Sellafield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Seascale and Sellafield
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Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Are there any apps to help identify a Seascale and Sellafield law firm on the The Mortgage Works conveyancing panel? I drive a motor bike and am willing to travel upto 20miles to meet the solicitor.
Feel free to make use of the tool on this page. Please select a bank and your location and you will see a number of Seascale and Sellafield conveyancing lawyers locally. We have listed some Seascale and Sellafield conveyancing firms at the bottom of this page and you can ring them to check if they are on the The Mortgage Works approved list
Can you provide any top tips for leasehold conveyancing in Seascale and Sellafield with the aim of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Seascale and Sellafield can be reduced where you get in touch lawyers the minute your agents start advertising the property and request that they start to collate the leasehold information needed by the buyers’ lawyers. You may think that you are aware of the number of years remaining on your lease but it would be advisable double-check by asking your lawyers. A purchaser's conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is less than 80 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. If you have had any disputes with your freeholder or managing agents it is very important that these are settled before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is better to present the dispute as over as opposed to unresolved. A minority of Seascale and Sellafield leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. The majority of landlords or Management Companies in Seascale and Sellafield levy fees for supplying management packs for a leasehold premises. You or your lawyers should enquire as to the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Seascale and Sellafield.
Seascale and Sellafield Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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The best form of lease arrangement is a share of the freehold. In this situation the leaseholders benefit from being in charge if their destiny and although a managing agent is frequently retained where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. On the whole the cost for major works are not included within service charges, albeit that a few managing agents in Seascale and Sellafield require tenants to contribute towards a reserve fund and this is used to offset against larger works. Best to be warned if a new roof is being put on or some other significant cost is anticipated to be shared by the leasehold owners and will dramatically increase the the maintenance fees or necessitate a one time payment.