I am in a contract race with another buyer for a property in Walkden. What can I do to speed up matters?
In a situation where you are under time constraints to complete we would recommend that your conveyancer is familiar with the area as they will benefit local connections and intelligence. It is even conceivable that they could have handled otherhomes in the same neighbourhood. Therefore consider using a Walkden conveyancing lawyer. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that 18% of Walkden conveyancing deals are suspended or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the home move being held up by as much as three weeks. It is claimed that this issue impacts in the region of one hundred thousand home sales annually. Many Walkden conveyancing practices can not act for certain lenders so do check at the outset.
We are buying a property and need a conveyancing solicitor in Walkden who is on the Co-operative conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Walkden.
I am considering applying for a HSBC mortgage for purchase of a newly converted (under development) in Walkden with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for HSBC ?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Me and my brother purchased a 4 bedroom Victorian house in Walkden. Conveyancing lawyer represented me and Santander. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Walkden and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing practitioner who conducted the conveyancing.
I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Walkden I like with open areas and railway links nearby, however it only has 49 remaining years left on the lease. There is not much else in Walkden for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I am looking into buying my first house which is in Walkden and I am already nervous. I couldn't find anything specific about Walkden. Conveyancing will be needed in due course but do you know about the Walkden area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Walkden. In the meantime here are some basic statistics that we found