We intend to purchase a newbuild apartment in South Yorkshire with a residential mortgage from Nottingham Building Society.We have a South Yorkshire conveyancing practitioner but Nottingham Building Society advised that she’s not listed on their approved list of firms. we are left little option but to use a Nottingham Building Society panel firm or retain our high street solicitor and pay for a Nottingham Building Society panel lawyer to act for them. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The loan issued to you is subject to its various provisions, a common one being that solicitors will be on the Nottingham Building Society conveyancing panel. in the past, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Nottingham Building Society

Me and my partner are buying a property in South Yorkshire. I might seem paranoid but how we can trust a solicitor? On completion day we will need to deposit our life savings into their account. What protection do we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I am being told by my lawyer that flying freehold insurance is necessary on my purchase. What is the level of cover for South Yorkshire conveyancing?

The right level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Santander and Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such policies.

We had instructed conveyancing lawyers located in South Yorkshire on the Nottingham solicitor approved list. They are now charging me a separate amount for the legal aspects of the Nottingham mortgage. Is this a supplemental conveyancing fee specified by Nottingham?

Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your property lawyer is entitled to levy a fee for this. This charge is not set by Nottingham but by your South Yorkshire conveyancer. Some firms on the Nottingham panel will quote an ‘acting for lender’ fee but plenty of practices include it on their overall fee.

What can a local search inform me concerning the property my wife and I purchasing in South Yorkshire?

South Yorkshire conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search plays an important part in most South Yorkshire conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (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 topic sections.

Just had an offer accepted on a new build apartment in South Yorkshire. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in South Yorkshire

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I need to review quotes for conveyancing in South Yorkshire from three conveyancing practitioner and choose one. Am I right to get them to hold tight until I I have an offer accepted on a flat.

You should wait to ask your conveyancing practitioner to open a file and order searches once the sales memorandum has been sent by the estate agent especially as South Yorkshire conveyancing searches are a couple of hundred pounds.