My bid for a property was accepted at auction in Whyteleafe. Conveyancing is needed. What happens now?
Given that you have now legally bound yourself to purchase you now have to appoint a conveyancing solicitor quickly as you now have a pending deadline in which to complete the deal. All auction property will have an associated auction pack. This will likely include evidence of title and search results. In the case of leasehold premises the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You need to hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding in order to complete on the on the contractual date .
Is it the case that all Whyteleafe CQS (Conveyancing Quality Scheme) solicitors are on the Principality conveyancing panel?
It is true that some banks and building societies now use CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.
After shopping around on the internet I have found a Whyteleafe lawyer having made sure that they are on the Santander conveyancing panel. Does my lawyer arrange the survey of the property?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander 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 solicitor 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 Whyteleafe postcode. As you are getting a mortgage with Santander, you could contact them to see if they have a list of approved surveyors in Whyteleafe.
Due to the input of my in-laws I had a survey completed on a house in Whyteleafe before appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will not grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you e-mail us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Whyteleafe. Conveyancing may be slightly more expensive based on your lender's requirements.
What is different about your site and other online quote calculators for conveyancing in Whyteleafe?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Whyteleafe. As opposed to estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your conveyancing in Whyteleafe
My cousin has recommend that I instruct his conveyancing solicitors in Whyteleafe. Should I use them?
There are no two ways about it the best way to select a conveyancing practitioner is to have referrals from friends or family who have experience in using the firm that you are are thinking of instructing.
What are your top tips when it comes to appointing a Whyteleafe conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a Whyteleafe conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Whyteleafe 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:
-
If the firm is not ALEP accredited then why not? How many lease extensions has the firm carried out in Whyteleafe in the last 12 months?
I own a garden flat in Whyteleafe. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
Most certainly. We can put you in touch with a Whyteleafe conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Whyteleafe premises is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The unexpired term as at the valuation date was 75 years.
Our lender agreed in principle to give us a mortgage. We have retained a reputable conveyancer in Whyteleafe two days ago. A couple of hours ago, our mortgage adviser called to say that the bank said that we cannot use our solicitor as they aren't on their 'approved list'. As FTB's, we had no idea that the bank had a say Is this permitted?
You are permitted to select any conveyencer you want to select including the said conveyancer in Whyteleafe however if they are not on the your bank's approved list you would have to fork out additional cost so the mortgage company can instruct their own conveyancer too. On occasion it is conceivable that your preferred conveyancing firm to get added to the mortgage company panel. You can use internet tools including lenderpanel.com to find a conveyancing solcitor in Whyteleafe on the mortgage company panel. You can go into your local lender branch in Whyteleafe. They can recommend conveyancing solicitors in Whyteleafe on the mortgage company panel.