My Conveyancer in Ellesmere Port has never been on on the Halifax Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Halifax approved list?
The limited options open to you here include:
- Complete the purchase with your existing Ellesmere Port solicitors but Halifax will need to use a conveyancer on their list of acceptable firms. This will result in additional total legal fees and cause delays.
- Get an alternative lawyer to act in the conveyancing, remembering to check they are Convince your conveyancer to do everything within their powers to join the Halifax conveyancing panel
This question may be naive but I am new to the home moving as FTB of a ground floor flat in Ellesmere Port. Do I receive the keys to the premises on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Ellesmere Port?
On the day of completion you will not be required to go to the conveyancers office in Ellesmere Port. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's conveyancers, and once they have received this, you will be able to receive the keys from the selling Agents and move into your new home. Usually this occurs early afternoon.
Is there a list of Barclays panel conveyancers in Ellesmere Port on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings visible over the internet. Where you are looking for a Ellesmere Port lawyer on the Barclays please use our tool.
My offer on a semi in Ellesmere Port has been accepted, but there is a chain. The owners have offered on a property, however it’s not yet tied up, and have viewings of other properties booked. I have instructed a bricks and mortar conveyancing solicitor in Ellesmere Port. What should be my next step? When do I get the mortgage application with Principality going?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx £1k, then survey, Ellesmere Port conveyancing search costs, etc). The first course of action is to ensure that your conveyancing practitioner is on the Principality conveyancing panel. Regarding the subsequent steps this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a rising market many home buyers would apply for a home loan with Principality and arrange for the valuation and only if it was satisfactory would they ask their property lawyer to proceed with searches.
3 months have elapsed following my purchase conveyancing in Ellesmere Port took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Ellesmere Port differ for newly converted properties?
Most buyers of new build residence in Ellesmere Port come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because builders in Ellesmere Port tend to purchase the site, 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 conveyancing solicitors 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 Ellesmere Port or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Ellesmere Port is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ellesmere Port are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ellesmere Port you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ellesmere Port may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.