I am expecting a offer of a home loan from Halifax. I hope to use a Licensed Conveyancer in Cheadle. Does the Halifax Conveyancing panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We note that you have a post code search directory identifying law firms on the Santander conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Cheadle?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cheadle.
I am buying a property and need a conveyancing solicitor in Cheadle who is on the National Westminster Bank approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Cheadle. We dont recommend any particular firm.
We're novice buyers - had an offer accepted, yet the property agent told us that the owners will only proceed if we appoint the agent's recommended solicitors as they want a ‘quick sale’. We would rather use a family conveyancer with experience of conveyancing in Cheadle
We suspect that the seller is unaware of this ultimatum. Should the seller desire ‘a quick sale', taking such a hostile approach to a serious purchaser is counter productive. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Cheadle conveyancing solicitors - not the ones that will provide the estate agent a referral fee or hit his conveyancing figures demanded by head office.
I am looking at a two apartments in Cheadle both have approximately 50 years left on the lease term. Will this present a problem?
There are plenty of short leases in Cheadle. The lease is a legal document that entitles you to use the property for a period of time. As the lease gets shorter the value of the lease decreases and results in it becoming more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on such properties. Lease extension can be a protracted process. We advise that you get professional assistance from a solicitor and surveyor with experience in this arena.
Cheadle Conveyancing for Leasehold Flats - Examples of Queries before Purchasing
Is the freehold reversion owned jointly by the tenants? In the main the cost for major works are not included within maintenance charges, although some managing agents in Cheadle require tenants to contribute towards a reserve fund and this is used to offset against major works. You should be aware that where the lease has fewer than 80 years it will impact the salability of the apartment. It is worth checking with your lender that they are happy with the length of the lease. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you would need to own the residence for a couple of years before you are entitled to extend the lease.