My partner and I are intent on purchasing a ground floor flat in Blaina. My lawyer has never been on on the mortgage company conveyancing list. Is it possible for me to continue with my Blaina conveyancing solicitor notwithstanding that they are excluded from the lender approved list?
Various options include
- Complete the purchase with your chosen Blaina conveyancer but your bank will no doubt use a property lawyer on their conveyancing panel. The net result is additional charges and likely delay.
- Appoint a new conveyancer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Appeal to your conveyancer to seek to join the mortgage company panel
I am due to move house in March. Will my conveyancing solicitor communicate with the removal company on the day of completion. As an aside, can you suggest a removal company in Blaina. Conveyancing lawyer was chosen prior to coming across your website.
On the day of completion you will need to collect the keys from the property agent but this can only take place after the previous owners conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be given over. Subsequently you can advise the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can assist you in locating a conveyancing in Blaina or a legal practice that specialises in conveyancing in Blaina.
We expect to receive a OIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Aldermore recommend any Blaina solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Blaina solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
The mortgage over my property is with HSBC for my property in Blaina. Conveyancing was finalised a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
Your original mortgage agreement with HSBC will provide that you need their approval before letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel solicitor.
About to purchase a new build apartment in Blaina. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Blaina
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I decided to have a survey carried out on a property in Blaina in advance of instructing lawyers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some mortgage companies may not issue a mortgage on such a property.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you contact us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Blaina. Conveyancing may be slightly more expensive based on your lender's requirements.
I was pointed in your direction by a number of selling agents in Blaina to locate a conveyancer on your site. What’s the financial upside for Estate Agents to recommend your site rather than alternative conveyancing organisations?
We don’t make any commission for sending work our way. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.