I plan on buying a flat in Sutton in Ashfield. My property lawyer has never been on on the bank solicitor panel. Am I still permitted to appoint my Sutton in Ashfield conveyancing solicitor even though they are not on the lender list of approved lawyers?
You have a number of alternatives open to you here
- Carry on with your chosen Sutton in Ashfield conveyancer but your bank will need to appoint a conveyancer on their conveyancing panel. The net result is additional charges and probable delay.
- Get a fresh conveyancing practitioner to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your lawyer to pull out all the stops to get accepted on the bank’s conveyancing panel
I am the registered owner of a freehold property in Sutton in Ashfield yet pay rent, why is this and what is this?
It’s unusual for properties in Sutton in Ashfield and has limited impact for conveyancing in Sutton in Ashfield but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
We are buying a detached bungalow in Sutton in Ashfield. The intention is to convert the garage to a playroom at the property.Will the conveyancing process include enquiries to see if these works are prohibited?
Your conveyancer should review the deeds as conveyancing in Sutton in Ashfield will sometimes reveal restrictions in the title deeds which restrict categories of changes or need the permission of a 3rd party. Many extensions need local authority planning consent and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
After shopping around on the internet I have found a Sutton in Ashfield lawyer having made sure that they are on the Co-operative conveyancing panel. Does my lawyer arrange the survey of the property?
Co-operative will need an independent valuation of the property. Your lawyer will not arrange this. Usually Co-operative 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 conveyancing practitioner 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 Sutton in Ashfield postcode. As you are getting a mortgage with Co-operative, you could contact them to see if they have a list of approved surveyors in Sutton in Ashfield.
Lloyds have agreed my home loan in principle, my bid on a property in Sutton in Ashfield has been agreed to, now what?
Your property agent will wish to know who your solicitors are (ensure that the conveyancers are on the lender’s panel). Call up Lloyds or the broker and finalise any appropriate documentation. Lloyds will instruct a valuer who will get in contact with the estate agent or vendor to arrange a slot for the valuation to take place. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Lloyds will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Sutton in Ashfield.
I opted to have a survey done on a house in Sutton in Ashfield ahead of instructing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some banks tend refuse to grant a mortgage on this type of premises.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sutton in Ashfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sutton in Ashfield to see if the conveyancing will be more expensive.
As co-executor for the will of my father I am selling a residence in Cardiff but live in Sutton in Ashfield. My conveyancer (based 235 kilometers awayhas requested that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Sutton in Ashfield to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Sutton in Ashfield