Is it realistic for conveyancing in Stamfordham to be completed in under 3 weeks?
Where the seller is applying a tight deadline to complete we would recommend that your lawyer is familiar with the location as they will benefit local contacts and knowledge. It is possible that they could have conducted otherhomes in the same street. You would be best advised to use a Stamfordham conveyancing lawyer. In addition, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that 18% of Stamfordham conveyancing deals are suspended or jeopardised after finding out that a buyer’s lawyer was not on their banks member panel. In many cases this discovery resulted in the conveyancing being frustrated by as much as 21 days. It is understood that this issue affects in the region of 100,000 home sales every year. Most Stamfordham conveyancing practices can not act for certain mortgage companies so do check at the outset.
My property lawyer in Stamfordham has never been on on the Bank of Ireland Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Bank of Ireland panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Stamfordham solicitors but Bank of Ireland will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the overall legal fees as well as result in frustration.
- Get an alternative practitioner to to deal with the purchase, remembering to check they are on the Bank of Ireland panel
I purchased a 4 bedroom Georgian property in Stamfordham. Conveyancing lawyer represented me and Platform Home Loans Ltd. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stamfordham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing solicitor who conducted the work.
Due to the input of my in-laws I had a survey completed on a house in Stamfordham before retaining solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies will not give a mortgage on this type of house.
It varies from the lender to lender. HSBC has different instructions from Halifax. If you contact us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stamfordham. Conveyancing will be smoother if you use a solicitor in Stamfordham especially if they are accustomed to such properties in Stamfordham.
I am using a search engine for the words on line conveyancing in Stamfordham it shows results of many conveyancersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for my move?
The best method of seeking a suitable conveyancer is via personal referral, so enquire of friends and relatives who have purchased a property in Stamfordham or the reputable estate agent or mortgage broker. Fees for conveyancing in Stamfordham vary, so it's sensible to obtain at least three estimates from varying types of conveyancers. Make sure that you know that the fees are fixed.