Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Swavesey. Do I pick up the keys to the property on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Swavesey?
On the day of completion you do not need to go to the conveyancers office in Swavesey. Your solicitors will electronically transfer the purchase money to the seller's conveyancers, and once they have received this, you should be invited to collect the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
I am purchasing a property in Swavesey. A rare aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Lloyds your lawyer must comply with the conveyancing instructions outlined in Part two of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Lloyds where a lease does not satisfy these requirements. The requirements relate to the installation of panels on properties nationwide and is not limited to Swavesey.
I was told three weeks ago that my mortgage has been agreed to by Clydesdale. Is it usual for Clydesdale to only issue the offer once my solicitor in Swavesey is approved on their conveyancing panel? Clydesdale have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
Due to the input of my in-laws I had a survey completed on a house in Swavesey in advance of instructing solicitors. I have been advised that there is a flying freehold element to the property. The surveyor has said that some mortgage companies tend not issue a loan on such a house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Swavesey. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Swavesey and I am already nervous. I couldn't find anything specific about Swavesey. Conveyancing will be needed in due course but do you know about the Swavesey area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Swavesey. In the meantime here are some basic statistics that we found
My husband and I are first time buyers - agreed a price, yet the selling agent advised that the vendor will only proceed if we use their preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Swavesey
It is unlikely the sellers are driving this. If they desire ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Try to communicate with the owners directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your preferred Swavesey conveyancing solicitors - as opposed tothe ones that will give the negotiator at the agency a introducer fee or hit his conveyancing targets pre-set by corporate headquarters.
Back In 2008, I bought a leasehold flat in Swavesey. Conveyancing and Skipton Building Society mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Swavesey who acted for me is not around. Any advice?
First contact HMLR to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Swavesey conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Swavesey - A selection of Queries before Purchasing
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How many of the leaseholders are in arrears for their maintenance charge payments? The best form of lease structure is a share of the freehold. In this situation the tenants enjoy being in charge if their destiny and notwithstanding that a managing agent is frequently employed if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. What is the yearly maintenance fee and ground rent?
At long last a mortgage offer from a lender for the refinancing of my 3 bedroom maisonette is due by the end of next week. Are you able to suggest an efficient remortgage conveyancing lawyer in Swavesey ?
You are on the wrong site if you are in need of the lowest fares for conveyancing solicitors in Swavesey. We can offer you cost effective conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing brokers offering £99 conveyancing in Swavesey.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in additional fee and still not get the service required.