We're in Greenfield, First time buyers purchasing with a mortgage (lender is Yorkshire BS , and our solicitor is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
There are plenty of conveyancing solicitors in Greenfield but how do I know who's good?
It would be unwise to be seduced by the cheapest Greenfield conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Intending to buy a house in Greenfield. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham 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 Greenfield conveyancing practitioner is on the Nottingham conveyancing panel.
My offer was accepted on a house in Greenfield on 4/5/2022, valuation was booked five days after, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I have a 4 bedroom Edwardian house in Greenfield. Conveyancing practitioner acted for me and Chelsea Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Greenfield and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing solicitor who conducted the work.
Is it possible to change firm as I have to instruct one who is on the Nottingham Building Society conveyancing list. I was using a high street conveyancing solicitor in Greenfield five minutes from me but she is not accepted by Nottingham Building Society
We will our best to assist in finding you a conveyancing solicitor in Greenfield on the Nottingham Building Society panel. Please note that the solicitors that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Greenfield. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Greenfield.
Planning to exchange soon on a studio apartment in Greenfield. Conveyancing lawyers have said that they report fully on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Greenfield should include some of the following:
Rent payments - what is due and when is collected, and also know whether this is subject to change Setting out your rights in relation to common areas in the block.By way of example, does the lease grant a right of way over an accessway or staircase? You should be sent a copy of the lease Alterations to the premises What options are available to the landlord where you breach a clause of your lease?
Leasehold Conveyancing in Greenfield - A selection of Queries Prior to buying
Please note that where the lease has less than 80 years it will impact the salability of the property. It is worth checking with your lender that they are happy with residual term of the lease. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease at some point and it is worth finding out how much this will be. For most Greenfieldlease extensions you will be required to have been the owner of the property for 24 months before you are eligible to extend the lease. Who are the managing agents? It would be a good idea to discover if the the lease includes any onerous restrictions in the lease. By way of example plenty of leases prohibit pets being allowed in in a block in Greenfield. If you like the flatin Greenfield yet your cat is not allowed to move with you then you will be presented with a difficult decision.