I am not well enough to travel far from Silverstone. Can you please clarify why all Silverstone property lawyers are not on all mortgage company panels?
Even though it may seem unfair for lenders to limit who can represent them, from the public’s or conveyancer’s point of view, the other side of the coin is that mortgage companies are becoming ever more anxious and consider it crucial to protect them against mortgage fraud. As a result of this concern lenders are limiting their conveyancing panel to a size that they are happy to control.
Can you explain why leasehold purchase conveyancing in Silverstone is more expensive?
The conveyancing fees on a leasehold premises in Silverstone is often more expensive than on a freehold acquisition or disposal. This is due to the supplemental time necessary in dealing with the landlord and management company to obtain information about whether the rent and maintenance charges have been cleared and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.
We are planning on selling our property in Silverstone and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Silverstone conveyancer would know that there is no such problem. For the life of me I don't know why the buyers used a factory type conveyancing firm rather than a conveyancing solicitor in Silverstone. We have lived in Silverstone for 4 years we know that this is a non issue. Do we contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I decided to have a survey done on a property in Silverstone ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies tend refuse to give a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Silverstone. Conveyancing may be slightly more expensive based on your lender's requirements.
What makes your site different to alternative web based conveyancing solicitors when it comes to conveyancing in Silverstone?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Silverstone. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your conveyancing in Silverstone