I plan on purchasing a flat in Sandgate. My property lawyer is not listed on the mortgage company approved panel. Can I still retain my Sandgate conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?
You will need to have a conveyancer to complete the formalities if you require a mortgage to purchase your property. The property lawyer will conduct all the essential legal checks on the property, ensuring that you’re registered as proprietor and ensure that all the required mortgage paperwork is in order. One can instruct a Sandgate conveyancer of your choice. Nevertheless, where the solicitor appointed is not on the mortgage company approved list supplemental fees will arise as separate legal representation will be need by the lender. Lender panel applications can be submitted, so if your solicitor has not previously sought membership they should take the chance to apply.
Can I use your services to find a Conveyancing solicitor in Sandgate even if I’m not purchasing or disposing of a house, for example where I wish to buy an office in Sandgate with a loan from Virgin Money?
The service is mainly utilised to find domestic conveyancing solicitors in Sandgate but we have set out towards the bottom of this page a few Sandgate commercial conveyancing firms. You will need to speak with the solicitors directly to check if they can also act for Virgin Money
We're in Sandgate, First timers purchasing with a mortgage (lender is Co-operative , and our solicitor is on the Co-operative conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Co-operative conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have justbecome aware that Stirling Law have been shut down. They conducted my conveyancing in Sandgate for a purchase of a leasehold flat 12 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sandgate conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Sandgate is the location of the property. Can you offer any guidance?
Flying freeholds in Sandgate are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandgate you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandgate may ascertain 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 property.