What is the best way to find out if the solicitor carrying out my conveyancing in Water Orton is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £187.00 plus VAT in another set of legal fees.
Feel free to make the most of the search tool on this site. Pick the lender and type ‘Water Orton’ or your preferred area and you will be presented with a number of lawyer offices in Water Orton or nearest you.
We previously instructed solicitors based in Water Orton on the Barclays solicitor panel. They are now charging me a separate amount for the legal aspects of the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may charge a fee for this. This charge is not set by Barclays but by your Water Orton conveyancer. Plenty of firms on the Barclays panel will levy an ‘acting for lender’ fee and others do not.
Last month we had a mortgage agreed in principle with Yorkshire BS. Water Orton conveyancing lawyers have been chosen. How long does it take for Yorkshire BS to forward the offer to the lawyer?
There is no definitive answer here. Have Yorkshire BS completed the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Nationwide have agreed my mortgage in principle, my offer on a house in Water Orton has been agreed to, now what?
The property agent will wish to know who your solicitors are (ensure that the lawyers are on the lender’s panel). Call up Nationwide or the financial adviser and finish off any outstanding forms. Nationwide will instruct a valuer who will get in touch with the estate agent or owners to book a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a fortnight to receive the mortgage offer. Nationwide will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Water Orton.
Are there restrictive covenants that are commonly identified as part of conveyancing in Water Orton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Water Orton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Water Orton is where the house is located. Can you offer any guidance?
Flying freeholds in Water Orton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Water Orton you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Water Orton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Water Orton and I am already nervous. I couldn't find anything specific about Water Orton. Conveyancing will be needed in due course but do you know about the Water Orton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Water Orton. In the meantime here are some basic statistics that we found
What are your top tips when it comes to appointing a Water Orton conveyancing firm to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Water Orton conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non Water Orton conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
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Can they put you in touch with clients in Water Orton who can give a testimonial? If they are not ALEP accredited then why not?
Water Orton Conveyancing for Leasehold Flats - Sample of Queries before buying
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Are there any major works in the planning that will likely add a premium to the maintenance fees? How many years remain on the lease? Best to be warned if redecorating or some other significant cost is anticipated to be shared amongst the leaseholders and could well materially impact the level of the service charges or necessitate a specific payment.