I am in the process of remortgaging my home in Saffron Walden, does my lawyer have to be on the Virgin Money Conveyancing panel?
There is nothing to stop you using your solicitor, but Virgin Money will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Do I need to pay for insurance to cover chancel repairs when purchasing a house in Saffron Walden?
Unless a previous purchase of the property took place post 12 October 2013 you could assume that lawyers carrying out conveyancing in Saffron Walden to remain recommending a chancel search and or chancel repair liability insurance.
Have purchased a a semi-detached house in Saffron Walden , how long will it take for the Land Registry to register the transfer to my name? My Saffron Walden conveyancing solicitor has been very slow, so I want to be sure that my purchase is registered.
As far as conveyancing in Saffron Walden is concerned, registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether there are errors and whether the Land registry communicate with any third parties. As of today approximately three quarters of submission are fully addressed in less than three weeks but some can be subject to protracted delays. Historically registration is effected once the purchaser is living at the property so 'speed' is not always top priority but if it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Saffron Walden is the location of the property. What do you suggest?
Flying freeholds in Saffron Walden are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Saffron Walden you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Saffron Walden may decide 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 residence.
I have been advised by numerous selling agents in Saffron Walden to choose a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to promote your lawyers ahead of alternative conveyancing organisations?
We don’t make any financial incentive for sending work to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.