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Find a Glastonbury Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Glastonbury? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Glastonbury home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Glastonbury conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Glastonbury

Do the Building Society Association intend to launch a search tool with a view to list solicitors on the Earl Shilton BS conveyancing panel for example in Glastonbury?

We are not aware of any plans on the part of the BSA to promote such a tool.

I happen to be the single recipient of my late mum's estate with all property in now in my sole name, including the my former home in Glastonbury. Conveyancing formalities meant that the Land Registry date was in February. I plan to dispose of the property. I understand that there is a CML six month 'rule', meaning my proprietorship may be considered the same way as though I had purchased the property in February. Will no one buy the property for half a year?

The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. many lenders would take a practical view as this obligation principally exists to capture subsales or the quick reselling of properties.

Are all Glastonbury Conveyancing Quality Solicitors on the Bank of Ireland conveyancing panel?

Some major lenders now use CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.

Our sealed bid on a semi in Glastonbury has been agreed to, the vendors do however have a dependent purchase. The sellers have placed an offer on on an apartment, but it’s not yet tied up, and are looking at other flats in the pipeline. I have instructed a high street conveyancing solicitor in Glastonbury. What do I do now? At what point do I apply for the mortgage with Yorkshire BS?

It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx £1k, then survey, Glastonbury conveyancing search charges, etc). First, you should check that your lawyer is on the Yorkshire BS conveyancing panel. Regarding the next phase this very much depends on the specifics of your case, desire for this property and on the state of the market. In a hot market the majority of buyers would apply for a home loan with Yorkshire BS and arrange for the valuation and only if it comes back ok would they ask their conveyancing practitioner to proceed with the conveyancing in Glastonbury.

How does conveyancing in Glastonbury differ for newly converted properties?

Most buyers of new build premises in Glastonbury approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because developers in Glastonbury tend to acquire the real estate, 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 property lawyers 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 Glastonbury or who has acted in the same development.

We're first time buyers - agreed a price, but the property agent informed us that the seller will only go ahead if we appoint their chosen conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a local conveyancer used to conveyancing in Glastonbury

We suspect that the seller is unaware of this request. Should the owner desire ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Avoid the agents and go straight to the owners and explain that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to use your preferred Glastonbury conveyancing solicitors - rather thanthe ones that will provide the estate agent a kickback or hit his conveyancing figures demanded by senior management.

Helen (my wife) and I may need to rent out our Glastonbury basement flat temporarily due to a career opportunity. We used a Glastonbury conveyancing practice in 2003 but they have since shut and we did not think at the time seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?

A lease governs the relationship between the freeholder and you the flat owner; in particular, it will set out if subletting is prohibited, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Glastonbury do not contain strict prohibition on subletting – such a provision would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.

Glastonbury Leasehold Conveyancing - A selection of Questions you should consider before Purchasing

    This information is useful as a) areas could cause problems in the building as the communal areas may begin to deteriorate if repairs are not paid for b) if the tenants have an issue with the managing agents you will need to have all the details Does this lease have more than 85 years remaining? Can you inform me if there are any major works on the horizon that will add a premium to the maintenance fees?

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