I am purchasing a terraced house in Farnham Royal. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Farnham Royal you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Farnham Royal.
The mortgage over my property is with Coventry BS for my property in Farnham Royal. Conveyancing was finalised some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Coventry BS?
You must advise Coventry BS before renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. It may be that Coventry BS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel solicitor.
I am selling my flat. I had a double glazing fitted in July 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Clydesdale are being difficult. The Farnham Royal solicitor who is on the Clydesdale conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Clydesdale are requiring a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale 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.
About to purchase apartment in Farnham Royal. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money 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 Farnham Royal solicitor is on the Virgin Money conveyancing panel.
I have todaybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Farnham Royal for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Farnham Royal conveyancing specialists.
I decided to have a survey done on a house in Farnham Royal in advance of instructing lawyers. I have been told that there is a flying freehold element to the house. The surveyor has said that some banks may not issue a loan on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Farnham Royal. Conveyancing will be smoother if you use a solicitor in Farnham Royal especially if they regularly deal with such properties in Farnham Royal.
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no charges for non-domestic conveyancing in Farnham Royal for less than 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Farnham Royal, including the sale and acquisition of businesses as well as simply property. If you are hoping to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. Regarding the fees this will depend on the structure and terms of the deal. Please provide us with your contact information or phone us so that we may supply you with a detailed commercial conveyancing quote.