We have agreed to purchase a house in Epping. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?
As you are obtaining a mortgage with Principality your lawyer must comply with the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Principality. The CML Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to Principality where a lease does not comply with these requirements. The specifications relate to the installation of panels on properties countrywide and is not restricted to Epping.
Completion of my purchase has taken place for my property in Epping. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I can not fathom if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Epping bank branch on a couple of occasions and was told they are content with the situation and they would lend. My Epping conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend in accordance with their specific requirements. I simply don't know who is right.
Provided that the solicitor is on the mortgage company panel, she or he must comply with the CML Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
Just had an offer accepted on a new build flat in Epping. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Epping
Please supply a car parking plan. 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 service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. 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.
Due to the guidance of my in-laws I had a survey completed on a property in Epping ahead of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some banks may not give a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Epping. Conveyancing may be slightly more expensive based on your lender's requirements.
What is different about your site and alternative online quote calculators when it comes to conveyancing in Epping?
At this site obtain a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Epping. As opposed to estate agents and many comparison sites we do not have commission arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the highest per referral, as opposed to the best value conveyancing in Epping
My brother mentioned that when choosing a conveyancing firm they must be approved by your mortgage company. I am new to the process but I have an offer in principle with Halifax and I already have a family conveyancing solicitor in Epping on standby. Does Halifax insist on an approved solicitor to be used? If so, where do I find that list so I can appoint a conveyancing lawyer in Epping?
You should choose a solicitor that is on the Halifax panel. Simply ring your chosen Epping conveyancing lawyer and ask if they are on the Halifax panel. If they are not on the panel you have numerous choices open to you here:
- Carry on with your preferred Epping conveyancing practitioner but Halifax will no doubt use a lawyer from their conveyancing panel. This will result in additional cost together with potential interruption.
- Appoint a new lawyer to act in the purchase, not forgetting to check that they are on the Halifax conveyancing panel.
- Appeal to your conveyancer to apply to join the mortgage company panel.