My conveyancer has uncovered a a problem with the lease for the apartment we are purchasing in Eaton Bray. The seller’s lawyers have put forward defective title insurance as a solution. We are content with insurance and will pay for it. Our property lawyer says that he must ensure that the bank is willing to move forward with this solution. Who is the client here, us or the mortgage company ?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. These conveyancing instructions must be adhered to.
We are purchasing a end of terrace house in Eaton Bray. The intention is to convert the garage to an office at the house.Will legal investigations on the property include investigations to ascertain if these works were previously refused?
Your conveyancer will check the deeds as conveyancing in Eaton Bray can occasionally reveal restrictions in the title deeds which prevent certain changes or require the consent of a 3rd party. Certain additions require local authority planning consent and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Eaton Bray conveyancing practitioners are appointed. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?
Some lenders take longer than others. Have Kent Reliance done the valuation? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Intending to buy a apartment in Eaton Bray. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Eaton Bray lawyer is on the UBS conveyancing panel.
How does conveyancing in Eaton Bray differ for newly converted properties?
Most buyers of new build premises in Eaton Bray approach us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Eaton Bray typically purchase 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 Eaton Bray or who has acted in the same development.
How difficult is it to swap conveyancer as I need to instruct a firm on the Lloyds TSB Bank conveyancing list. I hired a local conveyancing solicitor in Eaton Bray round the corner but the firm is not accepted by Lloyds TSB Bank
It would be our pleasure to assist you find a conveyancing solicitor in Eaton Bray on the Lloyds TSB Bank panel. Please note that the law firms that we on the directory do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Eaton Bray. In making use of search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Eaton Bray.
What can I expect to pay for conveyancing in Eaton Bray?
The total sum charged for Eaton Bray conveyancing fees are likely to be calculated at:
- a standard amount; or
- an hourly rate (i.e. the time spent on the particular case).
These days you seldom hear of Eaton Bray conveyancing solicitors charge on time basis