We see that you have a post code search directory identifying solicitors on the Barclays conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Yateley?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Yateley.
Is there a search tool that I can utilise to check that the solicitor handling my conveyancing in Yateley is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus paying £187.00 plus VAT in further conveyancing bill.
Please do make the most of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Yateley’ or your location and you will be presented with numerous conveyancers offices in Yateley or nearest you.
Various internet forums that I have frequented warn that are the number one cause of stalling in Yateley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Yateley.
Due to the guidance of my in-laws I had a survey completed on a house in Yateley ahead of retaining solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some lenders may refuse to give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Yateley. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are novice buyers - had an offer accepted, yet the property agent advised that the vendor will only go ahead if we use the agent's chosen conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in Yateley
It is improbable the sellers are behind this. Should the owner desire ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Speak to the vendors direct and make sure they understand (a)you are motivated purchasers (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your preferred Yateley conveyancing solicitors - not the ones that will earn their estate agent a referral fee or meet his conveyancing figures set by corporate headquarters.
Can you provide any top tips for leasehold conveyancing in Yateley from the perspective of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Yateley can be reduced if you appoint lawyers the minute your agents start advertising the property and request that they start to collate the leasehold documentation which will be required by the purchasers’ representatives. A minority of Yateley leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. You believe that you know the number of years remaining on your lease but it would be wise to double-check via your solicitors. A buyer’s lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the lease term is less than 80 years. It is therefore important at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If you are supposed to have a share in the freehold, you should ensure that you hold the original share certificate. Obtaining a re-issued share certificate is often a time consuming formality and slows down many a Yateley conveyancing deal. If a reissued share is necessary, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. The majority of freeholders or Management Companies in Yateley levy fees for supplying management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management pack sought on or before finding a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for delay in leasehold conveyancing in Yateley.
Leasehold Conveyancing in Yateley - Examples of Questions you should ask Prior to Purchasing
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How many of the leaseholders are in arrears for their service charge payments? Is anyone aware of any major works in the near future that could add a premium to the maintenance fees? Make sure you investigate if there is anything that is prohibited in the lease. For example it is reasonably common in Yateley leases that pets are not allowed in certain buildings in Yateley. If you love the apartmentin Yateley however your cat can’t make the move with you then you will be presented with a hard determination.