We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Barnard Castle?
You should check but the the probability is that allocate you one of their panel lawyers should you want the "fee-free" deal. Contact the bank and see if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Barnard Castle.
Have completed on a a terraced house in Barnard Castle , What is the estimated time for the Land Registry to register my ownership? My Barnard Castle conveyancing solicitor has been very slow, so I want to check that my name is recorded.
As far as conveyancing in Barnard Castle registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can vary subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. As of today in the region of 80% of such applications are fully dealt with in less than three weeks but some can be subject to extensive hold-ups. Historically registration is effected after the buyer has moved in to the premises so an expedited registration is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for the application to be prioritised.
I decided to have a survey done on a house in Barnard Castle before retaining lawyers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some lenders tend not grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Barnard Castle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barnard Castle to see if the conveyancing will be more expensive.
My husband and I are new on the property ladder - had an offer accepted, but the agent has warned us that the vendor will only go ahead if we instruct the agent's recommended conveyancers as they are insisting on a ‘quick sale’. We would rather use a local conveyancer with experience of conveyancing in Barnard Castle
It is highly unlikely the owners are behind this. Should the vendor desire ‘a quick sale', turning down a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your preferred Barnard Castle conveyancing solicitors - not the ones that will earn their negotiator at the agency a commission or meet his conveyancing figures demanded by senior management.
Why do I have to send my solicitor with a list of items of ID before I can proceed with selling or buying a property in Barnard Castle?
Barnard Castle conveyancers are duty bound by the Law Society, SRA, HMLR and current Money Laundering legislation to certify that the have verified the identity of their clients. It is also sometimes a condition of your bank where you are taking a mortgage. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have details such as your full names, NI number and DOB.