Recently been in touch with my conveyancing solicitor in Fairfield who completed the legal work two years ago and wanted a conveyancing quote based on an identical type of house move (a leasehold residence and a freehold property) of almost identical values with a home loan from Accord Mortgages Ltd. It looks as though am now being quoted double. Should I hunt for an alternative conveyancer?
The costs illustration is slightly on the high side. If you shop around you could trim some of the expense by perhaps a hundred pounds. That being said, providing that you were pleased with the service the firm gave you mightcome to regret choosing an an untested solicitor. If is important to check that the conveyancer can act for Accord Mortgages Ltd. You can utilise our search tool to select a Fairfield conveyancing firm on the Accord Mortgages Ltd conveyancing panel, which can often include conveyancing solicitors in Fairfield.
My uncle passed away six months ago and as sole heir and executor I was left the house in Fairfield. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then HSBC will require that you use a conveyancer on the HSBC conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your HSBC conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the HSBC mortgage is registered as a charge at the Land Registry.
Have just purchased a repossessed house at auction in Fairfield. Conveyancing is needed. What is next?
Now that you have exchanged you will need to find a conveyancing practitioner soon as you now have a pending deadline in which to complete the property. Every auction property should have a corresponding auction set of papers. This will include evidence of title and search results. If you have purchased leasehold property the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You need to pass this on to the conveyancer instructed by you ASAP. You also need to ensure that that you have the requisite funding in place to complete on the on the contractual date .
I am selling my house. I had a double glazing fitted in June 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Yorkshire BS are being a right pain. The Fairfield solicitor who is on the Yorkshire BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Yorkshire BS are insisting on a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Coventry BS have agreed my mortgage in principle, my bid on a apartment in Fairfield has been accepted, what are the next steps?
The property agent will wish to be advised as to your lawyer's details (ensure that the conveyancers are on the bank’s approved list). Call up Coventry BS or your financial adviser and finalise any outstanding documentation. Coventry BS will sellect a valuer who will get in contact with the selling agent or seller to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Coventry BS will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Fairfield.
How does conveyancing in Fairfield differ for newly converted properties?
Most buyers of new build property in Fairfield contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because builders in Fairfield usually 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 conveyancers 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 accustomed to new build conveyancing in Fairfield or who has acted in the same development.
I opted to have a survey completed on a property in Fairfield before retaining conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies may not give a mortgage on this type of home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further 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 Fairfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Fairfield to see if the conveyancing costs will increase in light of this.