What is the ideal way of identifying a leasehold conveyancing in Radford?
First ask relatives who they experienced using in the past and if they were happy with the service.
Second, look on the web for conveyancing in Radford. Phone a couple or more firms from the list and ask them to forward you their conveyancing quote and discuss your needs with the solicitor who will oversee the legal process beforecommitting.
Third is to make use of our search tool to assist you in finding the right solicitors for you based on your unique requirements including location,deadlines, complexity and who the proposed lender is. Do not be teased by low cost conveyancing in Radford
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would much rather use a Radford based conveyancing firm?
Do check but the chances are that give you one of their panel solicitors if you take up the "fee-free" incentive. Contact the lender to explore if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Radford.
I have been told by my solicitor that restrictive coveneant insurance is needed on my purchase. What is the level of cover for Radford conveyancing?
The right level of restrictive coveneant indemnity insurance depends on your lender. It would differ for example between National Westminster Bank and Skipton Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
We previously instructed conveyancing lawyers locally in Radford on the Lloyds solicitor approved list. They have just billed me a separate charge for handling the Lloyds mortgage. Is this an additional conveyancing fee specified by Lloyds?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancer may charge a fee for this. The charge is not set by Lloyds but by your Radford conveyancing practitioner. Plenty of firms on the Lloyds panel will levy an ‘acting for lender’ fee and others do not.
Last month we had a mortgage agreed in principle with Bank of Ireland. Radford conveyancing practitioners have been appointed. How long does it take for Bank of Ireland to send the offer to the conveyancer?
There is no definitive answer here. Have Bank of Ireland conducted the valuation? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Are there restrictive covenants that are commonly picked up during conveyancing in Radford?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Radford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the guidance of my in-laws I had a survey completed on a property in Radford in advance of appointing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks may not issue a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Radford. Conveyancing may be slightly more expensive based on your lender's requirements.