We are buying our first home. Our lawyer has texted usto check if we would like to purchase supplemental conveyancing searches. Unfortunately we have no idea as to what's relevant for conveyancing in Shefford
The range of Shefford conveyancing searches should be triggered based entirely on the premises, the location, the likelihood of any of these risks, your knowledge of the locality and risks, your general approach to risk. What matters is that you adequately appreciate what information each search could provide. Then you can make a decision if you personally think you need that information. Where you are uncertain, ask the solicitor to explain.
When can the exchange of contracts happen for residential conveyancing in Shefford and am I required to be at the conveyancers office?
If you are round the corner to our conveyancing solicitors in Shefford you are invited in to sign the paperwork. That being said, the firms we recommend provide a nationwide conveyancing service and give as equally detailed and professional a job for you when dealing with you by post or email. The signing of the property agreement is not the point of no return. Signing on the dotted line simply enables the firm to officially exchange at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Shefford)to be in the office available at the end of the phone to exchange contracts.
We are aiming to move home in April. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Shefford. Conveyancing solicitor was organised prior to coming across this page.
On the afternoon of completion you will need to pick up the house keys from your property agent however this should only occur after the sellers conveyancers inform the agent that the monies to complete are in and the keys can be released. You should advise the removal company that they can start moving you in. We do not recommend a particular removal company but can help you locate a residential property solicitor in Shefford or a solicitor that specialises in conveyancing in Shefford.
I currently have a mortgage with Santander for my property in Shefford. Conveyancing has been completed 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Santander?
Santander must be informed of your intention before letting out your property as this is likely to be a breach of Santander’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Santander directly. It should not be necessary to do this via a Santander conveyancing panel lawyer.
RBS have agreed my mortgage in principle, my offer on a apartment in Shefford has been accepted, what happens next?
The property agent will want to know who your solicitors are (ensure that the conveyancers are on the bank’s approved list). Telephone RBS or your broker and finalise any outstanding paperwork. RBS will instruct a valuer who will get in touch with the selling agent or owners to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. RBS will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Shefford.
Should commercial conveyancing searches disclose planned roadworks that could affect a commercial premises in Shefford?
Many commercial conveyancing solicitors in Shefford will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Shefford. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Shefford.
For each commercial conveyancing transaction in Shefford it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Shefford commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Shefford.
I opted to have a survey done on a house in Shefford ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some lenders tend not give a mortgage on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you contact us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Shefford. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been sourcing a conveyancing lawyer in Shefford for my house move. Is it possible to review a solicitor's record with the legal regulator?
You can search for documented Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor call for training requirements.