I am obtaining a mortgage offer from Santander. I intend to retain the legal services of a Licensed Conveyancer in Nether Edge. Does the Santander Solicitor panel include Licensed Conveyancers?

The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

I am buying a new build apartment in Nether Edge. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Nether Edge

Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants.

I'm refinancing my existing home to a BTL loan with HSBC Bank and I will use the rest of the raised equity as a deposit on another house. The area we are looking at is Nether Edge. Will your conveyancers be able to act for the two mortgage companies and tie in the two deals?

Do use our search tool on this site to ensure that the lawyers are on the appropriate lender panels. On the basis that they are the conveyancer should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and make apparent your expectations and needs.

In relation to leasehold conveyancing in Nether Edge what are the most frequent lease problems?

There is nothing unique about leasehold conveyancing in Nether Edge. All leases are drafted differently and legal mistakes in the legal wording can result in certain clauses are wrong. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party.

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Yorkshire Building Society, Leeds Building Society, and TSB all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to withdraw.

Nether Edge Leasehold Conveyancing - A selection of Queries before Purchasing

How many of the leaseholders are in arrears for their service charge payments? Be sure to find out if there is anything that is prohibited in the lease. By way of example it is reasonably common in Nether Edge leases that pets are not permitted in in a block in Nether Edge. If you love the apartmentin Nether Edge yet your cat can’t move with you then you will be faced hard determination. Best to be warned whether a new roof is being put on or some other significant cost is coming up that will be shared between the tenants and may well dramatically impact the level of the service charges or result in a specific invoice.

Why is New Build conveyancing in Nether Edge more costly?

Buying a brand new property is significantly different from the normal house buying conveyancing in Nether Edge. For a start housebuilders ordinarily require contracts to exchange inside a short timeframe, so there is a a great deal of pressure on your conveyancer to ensure all is in order. In addition new build conveyancing frequently involve examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders requirements are also more detailed. Taking into account the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.