Do lawyers ask for an advanced payment for my conveyancing in Thorpe Astley?
Where you are retaining lawyers for conveyancing in Thorpe Astley your lawyer will request that you to provide them with monies to cover the search fees. Ordinarily this is requested to cover the fees of the Local Authority Search. When the deposit is payable against the sale price then this will be needed shortly in advance of contracts are exchanged. Any further balance that is due should be transferred shortly before completion.
My brother-in-law has suggested I instruct a conveyancing solicitor in Thorpe Astley. I I am struggling to find out if they are on the Halifax conveyancing panel. Could you assist?
You should call the solicitor and enquire whether they can act for the lender. Otherwise you can get in touch with Halifax who may be able to help.
We have a mortgage agreed in principle with RBS. Thorpe Astley conveyancing practitioners have been selected. What is the average time that one could expect to receive a mortgage offer from RBS?
There is no definitive answer here. Have RBS done the survey? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am purchasing a property in Thorpe Astley. An unusual aspect is that the roof has a solar panel. TSB 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 TSB your lawyer must follow the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook includes minimum specifications for solar panel roof-space leases, and property lawyers are required to report to TSB where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties countrywide and is not isolated to Thorpe Astley.
After shopping around on the internet I have found a Thorpe Astley conveyancer having checked that they are on the Clydesdale conveyancing panel. Does my lawyer arrange the survey of the property?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Thorpe Astley postcode. As you are getting a mortgage with Clydesdale, you could contact them to see if they have a list of approved surveyors in Thorpe Astley.
A friend suggested that where I am buying in Thorpe Astley I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Thorpe Astley conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Thorpe Astley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Thorpe Astley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data regarding Thorpe Astley.
I have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Thorpe Astley I like with a park and station nearby, the downside is that it only has 49 years unexpired on the lease. There is not much else in Thorpe Astley in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
My folks are having difficulties in finding their Thorpe Astley property on the HM Land Registry site. They recall that back in the 60’s when they acquired the house there were complications concerning Thorpe Astley not being recognised in some systems.
The vast majority of properties in Thorpe Astley should show up. Have you limited your search with just the postcode. Ordinarily it should identify all the residences inside that postcode. Where registered it will show up with a title number. If they bought back in the 70’s it's conceivable it may be unregistered. The property might still be revealed but with the title number identified as 'na'. In this scenario you will need to find the original title documentation which could be with your parent’s mortgage company.