Can you explain why leasehold purchase conveyancing in Havering is more expensive?
Havering leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Is it correct that all Havering CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved firms?
A selection of lenders now use the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,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 firms.
Can I be sure that the Havering conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Havering obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer carrying out your transaction.
We have a mortgage agreed in principle with Clydesdale. Havering conveyancing practitioners have been appointed. How long does it take for Clydesdale to forward 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.
I need some quick conveyancing in Havering as I am under an ultimatum to complete inside 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are not obtaining a mortgage you are at free not to have searches carried out although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in Havering the following are instances of what can appear and therefore affect future saleability: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I have been on the look out for a flat up to £195,000 and found one close by in Havering I like with a park and station in the vicinity, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Havering suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
Are there any apps to help locate a Havering law firm on the Godiva Mortgages Ltd conveyancing panel? I have a car and am happy to travel upto 20miles to meet the lawyer.
You can use the facility on this website. Please select a mortgage company and your location and you will see a number of Havering conveyancing lawyers located nearest you. We have detailed some Havering conveyancing firms at the bottom of this page and you can call them to verify whether they are on the Godiva Mortgages Ltd member panel