Forgive me if this question is silly but I am new to the house moving as a first time purchaser of a garden flat in Roker. Do I pick up the keys to the house on the completion date from my lawyer? If so, I will find a local conveyancing solicitor in Roker?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s lawyers, and once they have received this, you should be able to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
Two weeks ago we had a mortgage agreed in principle with Yorkshire BS. Roker conveyancing practitioners were selected. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?
Some lenders take longer than others. Have Yorkshire BS done the survey? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Planning on purchasing a house in Roker. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide 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 Roker conveyancer is on the Nationwide conveyancing panel.
How does conveyancing in Roker differ for newly converted properties?
Most buyers of new build or newly converted property in Roker approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Roker usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Roker or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Roker in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies tend not grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Roker. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking to sell my property. My former solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Roker if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Roker. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
What are the specific benefits to instructing a high street property lawyer in Roker
Plenty of house movers in Roker select a local property lawyer so that they can attend the firm’s offices just in case they have concerns, and to collect paperwork without using the post.
There is a slight edge in using a solicitor local to the house you are hoping to purchase, due to the familiarity of the area and possible local issues - yet this is debatable. Many conveyancers undertaking their communications by way of email and could be any place in the world.