My lawyer in South Normanton is not on the Virgin Money Conveyancing Panel. Can I still use my family solicitor notwithstanding that they are excluded from the Virgin Money panel of approved conveyancing solicitors?
The limited options open to you here include:
- Carry on with your preferred South Normanton lawyers but Virgin Money will need to retain a conveyancer on their list of acceptable firms. This will result in additional overall conveyancing charges as well as result in delays.
- Choose an alternative lawyer to act in the conveyancing, remembering to check they are Persuade your solicitor to do everything within their powers to join the Virgin Money conveyancing panel
Please help - my lawyer advises that lack of right of way insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in South Normanton?
The right level of lack of right of way indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Skipton Building Society. Conveyancing lawyers as opposed to borrowers take out such policies.
I am currently in the process of buying my council flat in South Normanton. I have a mortgage offer with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
Having read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local South Normanton solicitor - who is on the Virgin Money conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money 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. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your South Normanton postcode. As you are getting a mortgage with Virgin Money, you could contact them to see if they have a list of approved surveyors in South Normanton.
I am buying a new build flat in South Normanton. 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.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in South Normanton
Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared.
I decided to have a survey done on a house in South Normanton in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some lenders may not grant a loan on such a house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in South Normanton. Conveyancing may be slightly more expensive based on your lender's requirements.
We are one month into a freehold purchase having been directed to a firm by the estate agent to handle our conveyancing in South Normanton. I am am extremely dissatisfied with the quality of service. Could you help me find new solicitors?
They would have to be very poor to suggest diss instructing them. Has your mortgage been generated? In the event that it has you must inform them of the new contact details and get the offer are issued to the new lawyers. Your new conveyancer should be on the banks approved list to avoid supplemental fees and frustration. That should be your starting point. Our find a solicitor tool can assist you in finding a lender approved conveyancer for your conveyancing in South Normanton