My partner and I are intent on purchasing residence in Eaglescliffe. My lawyer is not on the mortgage company solicitor list. Am I still permitted to continue with my Eaglescliffe conveyancing solicitor even though they are excluded from the lender list of approved lawyers?
You have a couple of options available to you here
- Complete the purchase with your existing Eaglescliffe solicitor but your lender will undoubtedly instruct a property lawyer from their approved panel. The net result is additional charges together with potential frustration.
- Appoint a new lawyer to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your conveyancing practitioner to pull out all the stops to get accepted on the bank’s conveyancing panel
What can a local search tell me about the house we're buying in Eaglescliffe?
Eaglescliffe conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search is essential in every Eaglescliffe conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I am buying a new build apartment in Eaglescliffe. 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 are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Eaglescliffe
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the input of my in-laws I had a survey completed on a house in Eaglescliffe ahead of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some lenders will refuse to give a mortgage on such a premises.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Eaglescliffe. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I be suspicious by estate agents that I am dealing with are recommending an internet conveyancing firm rather than a local Eaglescliffe conveyancing practice?
As with lots of professional services, often recommendations from family and friends can be very helpful. Nevertheless there are lots of parties with a vested interest in a conveyancing deal; estate agents, financial adviser and banks might all recommend solicitors to choose. Sometimes these solicitors might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the recommendation. You are free to choose your preferred conveyancer. However, bear in mind that the majority of banks operate an approved list of solicitors you have to use for the mortgage related work in your transaction.