I am buying residence in Great Missenden. My property lawyer is not listed on the lender conveyancing panel. Is it possible for me to use my Great Missenden conveyancing solicitor even though they are excluded from the mortgage company approved list?
Various options include
- Complete the purchase with your chosen Great Missenden lawyer but your mortgage company will need to use a conveyancer on their conveyancing panel. This will result in additional fees and potential interruption.
- Get a fresh conveyancer to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your solicitor to pull out all the stops to join the lender’s panel of solicitors
What is the best way to check that the solicitor conducting my conveyancing in Great Missenden is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £192.00 in supplemental conveyancing charges.
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Please choose the lender and type ‘Great Missenden’ or your preferred area and you will be presented with a number of lawyer offices in Great Missenden or nearest you.
I acquired my house on 14 April and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Great Missenden said it will be formalised in a couple of weeks. Are transfers in Great Missenden particularly slow to register?
There is nothing unique when it comes to conveyancing in Great Missenden registration formalities. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. Currently roughly three quarters of such applications are fully addressed in less than three weeks but some can be subject to extensive delays. Registration is effected once the purchaser is living at the premises so 'speed' is not always primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
I am looking for a leasehold apartment up to £245,000 and identified one round the corner in Great Missenden I like with open areas and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Great Missenden in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
My husband and I are 3 weeks into a freehold purchase having been directed to conveyancers by the selling agent to perform conveyancing in Great Missenden. I am not happy. Can you help me find new solicitors?
They would have to be really poor in order to consider replacing them. Has the mortgage been issued? In the event that it has you will need to make them aware of the new contact details and ensure the loan are re-issued. The conveyancer needs to be on the banks approved list to avoid added costs and complications. So that should be your first question of the new conveyancers. The find a solicitor tool will assist you in finding a lender approved conveyancer for your home move in Great Missenden