My stepmother advised me that in buying a property in Old St Mellons there may be various restrictions preventing external changes to a property. Is this right?
There are a number of properties in Old St Mellons which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Old St Mellons should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I had a mortgage agreed in principle with RBS. Old St Mellons conveyancing practitioners were instructed. How long does it take for RBS to send the offer to the property lawyer?
Some lenders take longer than others. Have RBS completed the survey? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I was told four weeks ago that my mortgage has been agreed to by Aldermore. Is it usual for Aldermore to only issue the offer once my solicitor in Old St Mellons is approved on their conveyancing panel? Aldermore have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.
I require fast conveyancing in Old St Mellons as I have pressure to exchange contracts inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Old St Mellons the following are instances of what can show up and therefore impact future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
Due to the advice of my in-laws I had a survey completed on a house in Old St Mellons prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks tend not issue a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Old St Mellons. Conveyancing may be slightly more expensive based on your lender's requirements.
We're FTB’s - had an offer accepted, yet the property agent advised that the seller will only proceed if we instruct the agent's recommended solicitors as they want a ‘quick sale’. My instinct tells me that we should use a local solicitor used to conveyancing in Old St Mellons
We suspect that the owner is unaware of this request. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Bypass the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you intend to appoint your preferred Old St Mellons conveyancing solicitors - as opposed tothe ones that will give their estate agent a kickback or meet his conveyancing figures set by HQ.
I am looking to acquire a repossessed property in Old St Mellons and the vendor would like to complete inside a month. Do conveyancers complete in this timeframe? Would it be better to instruct a local Old St Mellons firm or an online conveyancer that professes to offer speedy conveyancing?
Attend your Old St Mellons shopping parade. Pop in to two or three firms and ask to talk to a conveyancing solicitor for an estimate. Discuss your requirements and seek a commitment on deadlines. Select the firm that comes across as most genuine. Make sure to use a conveyancer on the panel of solicitors approved by your lender.