I am hoping to receive a mortgage with Halifax. My intention is to use a Licensed Conveyancer in Bloxwich. Does the Halifax Conveyancing panel exclude Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
How does conveyancing in Bloxwich differ for new build properties?
Most buyers of new build property in Bloxwich contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Bloxwich usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bloxwich or who has acted in the same development.
I have been on the look out for a ground for flat up to £305k and identified one close by in Bloxwich I like with a park and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Bloxwich in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage that many years will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I'm remortgaging my current house to a buy to let mortgage with Santander and I will use the rest of the raised equity towards further property. The neighborhood we are looking at is Bloxwich. Will your conveyancers be able to act for both sets of lenders and tie in the transactions?
Make use of our comparison tool on this site to be sure that the conveyancers are on the relevant lender panels. Assuming that they are the solicitor will be able to tie up the two conveyancing matters but you should talk with you lawyer and make clear your desired outcome and needs.
We're FTB’s - agreed a price, but the estate agent informed us that the vendor will only move forward if we use their recommended solicitors as they need an ‘expedited deal’. We would rather use a high street conveyancer accustomed to conveyancing in Bloxwich
It is unlikely the sellers are behind this. If they want ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Bypass the agents and go straight to the owners and make sure they understand (a)you are genuine purchasers (b)you are ready to progress, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to use your preferred Bloxwich conveyancing firm - not the ones that will give their estate agent a introducer fee or hit his conveyancing figures pre-set by senior management.