My lender has suggested a law firm on their panel based in Sneyd Park but I would rather instruct a conveyancing lawyer in Sneyd Park or nearer to where I live. Can you help?
The minority of Sneyd Park conveyancing solicitors are on all banks conveyancing panel. Use our find an approved solicitor tool to locate a Sneyd Park conveyancing solicitor on the on the bank panel.
We previously instructed conveyancers located in Sneyd Park on the Nationwide solicitor panel. They have just billed me a supplemental sum for handling the Nationwide mortgage. Is this an additional conveyancing fee specified by Nationwide?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor may levy a fee for this. This fee is not dictated by Nationwide but by your Sneyd Park conveyancing practitioner. Plenty of firms on the Nationwide panel will quote an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
Two weeks ago we had a mortgage agreed in principle with Principality. Sneyd Park conveyancing practitioners have been instructed. How long does it take for Principality to forward the offer to the property lawyer?
There is no definitive answer here. Have Principality conducted the survey? Have you advised Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Sneyd Park. A rare aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Clydesdale your lawyer must check the formal instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook includes minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Clydesdale where a lease fails to meet these requirements. The conditions relate to the installation of panels on properties countrywide and is not restricted to Sneyd Park.
I used Action Conveyancing a few years ago for my conveyancing in Sneyd Park. Now, I need the files but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sneyd Park of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Sneyd Park differ for newly converted properties?
Most buyers of new build or newly converted property in Sneyd Park contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Sneyd Park typically purchase 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 conveyancing solicitors 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 Sneyd Park or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £305k and found one near me in Sneyd Park I like with a park and railway links nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Sneyd Park for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.