Find a Cramlington Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Cramlington? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Cramlington conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Cramlington

IfI were to buy a freehold homein Cramlington for cash and have no survey and no local authority searches how much should I expect to have to pay for conveyancing in Cramlington?

The only reduction in fees you would make on is the Cramlington conveyancing searches. A conveyancer still got to do everything else - money laundering, correspond with your sellers conveyancing practitioner, SDLT return, register the ownership etc. A slight saving might be made by not needing to register a charge but it won't be significant.

I am thinking of remortgaging my apartment in Cramlington, does my lawyer need to be on the UBS Conveyancing panel?

In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.

Due to the input of my in-laws I had a survey completed on a house in Cramlington prior to instructing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies will not issue a mortgage on such a premises.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cramlington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cramlington to see if the conveyancing costs will increase in light of this.

I was recommended by a number of selling agents in Cramlington to select a solicitor on your site. What’s the financial upside for Estate Agents to offer your services over and above another?

We refuse to make any referral fee for sending work to this site. 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.

I own a leasehold house in Cramlington. Conveyancing and Barclays Direct mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Cramlington who previously acted has now retired. Do I pay?

The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Cramlington conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Leasehold Conveyancing in Cramlington - A selection of Questions you should consider before buying

    Is anyone aware of any major works in the planning that will increase the service fees? Where a Cramlington lease has fewer than 80 years it will affect the marketability of the property. It is worth checking with your bank that they are willing to lend given the lease term. A short lease means that you will probably have to extend the lease sooner rather than later and it is worth discovering what this would cost. For most Cramlingtonlease extensions you will be required to have owned the residence for 24 months in order to be eligible to exercise a lease extension. How much is the yearly service fee and ground rent?

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Find out more about how flying freehold can affect your the value of a property.