I am considering applying for a Virgin Money mortgage for purchase of a new build (under development) in Shaftesbury with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Virgin Money ?
In theory, you could use a solicitor that is not on the Virgin Money conveyancing panel, but Virgin Money would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
What will a local search reveal concerning the property I am purchasing in Shaftesbury?
Shaftesbury conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company such as Xpress Legal The local search plays an important role in many a Shaftesbury conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your property. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I am buying a new build apartment in Shaftesbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Shaftesbury
Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
How do I search for a Shaftesbury solicitor on the Nationwide Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 20kilometers to meet the solicitor.
You can use the facility on this website. Please select a mortgage company and your location and you will see a number of Shaftesbury conveyancing lawyers based on proximity. We have detailed some Shaftesbury conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Nationwide Building Society approved list
I have been looking for Shaftesbury competitive conveyancing fees. Can I be confident that all the Shaftesbury law firms that are identified on your site are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Shaftesbury conveyancing solicitor being on the bank conveyancing panel is incorrect.