Do banks and building societies provide you with an approved list of Greystones conveyancing solicitors? How do you know who is on the Santander conveyancing panel?
Greystones conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Greystones. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/12/2018, the requirements read as follows :
My partner and I are close to exchanging contracts on the sale of our property in Greystones and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Greystones lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing outfit as opposed to a conveyancing solicitor in Greystones. We have lived in Greystones for 5 years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
How does conveyancing in Greystones differ for newly converted properties?
Most buyers of new build property in Greystones approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Greystones tend to purchase 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 conveyancing solicitors 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 used to new build conveyancing in Greystones or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Greystones in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies may not give a loan on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Greystones. Conveyancing may be slightly more expensive based on your lender's requirements.