I plan on buying an apartment in Clophill. My Solicitor has never been on on the mortgage company approved panel. Can I still appoint my Clophill conveyancing solicitor even though they are not on the bank list of approved lawyers?
Various options include
- Complete the purchase with your preferred Clophill lawyer but your mortgage company will undoubtedly use a solicitor on their approved panel. This will result in additional cost and likely delay.
- Appoint a fresh lawyer to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to do everything possible to join the mortgage company panel of solicitors
Would the conveyancing solicitors that you recommend perform attended exchange conveyancing in Clophill?
We do have a number of conveyancing experts who can conduct personalised exchanges. Please call us to obtain a costs illustration and details as to availability.
How does conveyancing in Clophill differ for newly converted properties?
Most buyers of new build or newly converted property in Clophill contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is finished. This is because developers in Clophill typically buy the land, 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 property lawyers 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 Clophill or who has acted in the same development.
Is it possible to transfer to a new firm as I have to find a firm on the Skipton Building Society conveyancing list. I was using a family conveyancing solicitor in Clophill round the corner but he is not accepted by Skipton Building Society
It would be our pleasure to help you find a conveyancing solicitor in Clophill on the Skipton Building Society panel. Please note that the solicitors that we work with do not pay us commission if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Clophill. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Clophill.
Can you provide any top tips for leasehold conveyancing in Clophill with the aim of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Clophill can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold documentation needed by the buyers’ conveyancers. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example installed wooden flooring? Clophill leases often stipulate that internal structural alterations or laying down wooden flooring necessitate a licence from the Landlord consenting to such works. Should you dont have the paperwork to hand do not contact the landlord without contacting your lawyer before hand. If you hold a share in a the freehold, you should ensure that you hold the original share document. Obtaining a new share certificate can be a lengthy process and frustrates many a Clophill conveyancing transaction. Where a duplicate share is necessary, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. Some Clophill leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors.
Clophill Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
Most Clophill leasehold apartments will have a service charge for maintenance of the building invoiced by the landlord. Where you purchase the property you will have to pay this contribution, usually quarterly throughout the year. This could be anything from a couple of hundred pounds to thousands of pounds for bigger purpose-built buildings. In all likelihood there will be a ground rent for you to pay yearly, this is usually not a large figure, say around £50-£100 but you need to check as sometimes it can be many hundreds of pounds. Is anyone aware of any major works in the near future that will likely increase the service costs?