I am purchasing a house without a mortgage in Leicestershire. I have been residing for the last Seventeen years in Leicestershire. Conveyancing searches are a lot of money. As I know the road and vicinity very well must I have all the conveyancing searches?
If you not getting a home loan, then all but one or two of the Leicestershire conveyancing searches are optional. Your lawyer will try and sway you, no-doubt strongly, that you should have searches carried out, but she has a professional duty to do this. Do consider; if you are intend to sell the house in the future, it may be of interest to your future purchaser what the searches disclose. There are plenty of instances where houses with functional issues can still show up unfavourable search results. A competent conveyancing solicitor in Leicestershire will provide you some practical guidance concerning this.
I am expecting a AIP from Santander this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Leicestershire solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Leicestershire solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
I am currently in the process of buying my council flat in Leicestershire. I have a mortgage offer with Aldermore. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
Intending to buy a flat in Leicestershire. 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 Santander 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 Leicestershire lawyer is on the Santander conveyancing panel.
Just had an offer accepted on a new build apartment in Leicestershire. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Leicestershire
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Leicestershire is the location of the property. Can you shed any light on this issue?
Flying freeholds in Leicestershire are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leicestershire you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leicestershire may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My husband and I are novice buyers - had an offer accepted, but the estate agent advised that the seller will only go ahead if we appoint the agent's preferred lawyers as they are insisting on a ‘quick sale’. We would rather use a family solicitor accustomed to conveyancing in Leicestershire
It is unlikely the vendors are behind this. Should the seller desire ‘a quick sale', alienating a genuine purchaser is going to damage their objectives. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you intend to appoint your own,trusted Leicestershire conveyancing firm - rather thanthe ones that will earn the estate agent a kickback or meet his conveyancing figures demanded by senior management.