Can you help? My Ferryside lawyer is informing me me that he has toapply for Ferryside conveyancing searches resulting from the fact thatthe firm are on the HSBCconveyancing panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Ferryside conveyancing searches.
My father informed me that in buying a property in Ferryside there could be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
There are a number of properties in Ferryside which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Ferryside should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Two weeks ago we had a mortgage agreed in principle with Clydesdale. Ferryside conveyancing lawyers were appointed. How long does it take for Clydesdale to send the offer to the conveyancer?
There is no definitive answer here. Have Clydesdale completed the survey? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Intending to buy a apartment in Ferryside. 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 Santander 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 Ferryside property lawyer is on the Santander conveyancing panel.
Do commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Ferryside?
Its becoming the norm that commercial conveyancing solicitors in Ferryside will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Ferryside. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Ferryside.
For every commercial conveyancing transaction in Ferryside it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Ferryside commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Ferryside.
I opted to have a survey completed on a house in Ferryside in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some lenders tend not grant a mortgage on this type of home.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ferryside. Conveyancing will be smoother if you use a solicitor in Ferryside especially if they are familiar with such properties in Ferryside.
We're novice buyers - had an offer accepted, yet the agent has warned us that the owners will only go ahead if we appoint the agent's preferred solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Ferryside
We suspect that the seller is unaware of this requirement. Should the vendor require ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Try to communicate with the owners directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you intend to use your preferred Ferryside conveyancing lawyers - not the ones that will earn the negotiator at the agency a commission or meet his conveyancing targets set by HQ.