My lawyer in Sea Mills is not on the Godiva Mortgages Ltd Solicitor Panel. Can I still use my prefered solicitor notwithstanding that they are excluded from the Godiva Mortgages Ltd panel?
Your options are as follows:
- Carry on with your existing Sea Mills solicitors but Godiva Mortgages Ltd will need to instruct a lawyer on their list of acceptable firms. This will inevitably rack up the total legal charges as well as cause frustration.
- Get a new lawyer to act in the conveyancing, not forgetting to check they are Godiva Mortgages Ltd approved.
- Persuade your Godiva Mortgages Ltd solicitor to try to join the Godiva Mortgages Ltd panel
My stepmother informed me that in buying a property in Sea Mills there may be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of a number of properties in Sea Mills which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Sea Mills should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I happen to be the sole recipient of my late mum's will with all property in now in my sole name, including the my former home in Sea Mills. The Sea Mills property was put into my name in February. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship may be considered the same way as though I had purchased the property in February. Do I have to wait half a year to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. many mortgage companies would take a pragmatic view as this obligation chiefly exists to identify subsales or the wholesaling and assigning of properties.
After shopping around on the internet I have found a Sea Mills property lawyer having checked that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Sea Mills surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Due to the guidance of my in-laws I had a survey completed on a house in Sea Mills in advance of appointing conveyancers. I have been advised that there is a flying freehold element to the house. My surveyor advised that some lenders will not grant a mortgage on such a property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sea Mills. Conveyancing may be slightly more expensive based on your lender's requirements.
Expecting to exchange soon on a studio apartment in Sea Mills. Conveyancing solicitors assured me that they report fully next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Sea Mills should include some of the following:
Who has the liability for repairing the window frames You should have a good understanding of the insurance obligations Advice concerning the obligations in the lease to pay service charges - in relation to the building, and the wider rights a lessee has Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? It needs to be made clear to you whether the lease allows you to add or upgrade aspects of the premises- you must know whether any restrictions applies to all alterations or just structural alteration, and whether consent is mandated necessary
Sea Mills Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
What restrictions are there in the Sea Mills Lease? Who manages the block?
Been searching for a lawyer for freehold sale conveyancing in Sea Mills. I'm selling, simple no mortgage to pay off, no hurry, currently empty. Received a quote from a solicitor for nine hundred pounds including VAT which is a tad expensive given that its so straightforward. Is it possible to find less expensive fees for conveyancing in Sea Mills?
As it’s a sale only, £500 + VAT is likely to be about the lowest for a Sea Mills solicitor firm.