Is there a search tool that I can utilise to investigate if the solicitor carrying out my conveyancing in Symonds Yat is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Chelsea Building Society thus paying £175.00 in another set of legal charges.
Feel free to make use of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Symonds Yat’ or your preferred area and you will discover a number of lawyer located in Symonds Yat or by proximity to you.
This question may be naive but I am new to the home moving as a 1st time purchaser of a two bedroom flat in Symonds Yat. Do I pick up the keys to the house on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Symonds Yat?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you should be able to receive the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.
How can we know in advance if a Symonds Yat conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Symonds Yat obtaining recommendations is a good start. 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 which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your transaction.
I currently have a mortgage with Co-operative for my property in Symonds Yat. Conveyancing was finalised 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Co-operative?
You must advise Co-operative in advance of letting out your property as this is likely to be a breach of Co-operative’s mortgage conditions. In many cases banks or building societies will allow you to rent 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 Co-operative directly. You need not do this via a Co-operative conveyancing panel lawyer.
My friend recommended that where I am purchasing in Symonds Yat I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Symonds Yat conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Symonds Yat around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data about Symonds Yat.
I used Action Conveyancing several years ago for my conveyancing in Symonds Yat. I now require my file but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Symonds Yat of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Symonds Yat differ for newly converted properties?
Most buyers of new build residence in Symonds Yat come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is built. This is because developers in Symonds Yat usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Symonds Yat or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Symonds Yat in advance of retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Symonds Yat. Conveyancing will be smoother if you use a solicitor in Symonds Yat especially if they are accustomed to such properties in Symonds Yat.