We previously appointed conveyancers located in Tanworth In Arden on the Yorkshire BS solicitor approved list. They have just invoiced me an additional fee for handling the Yorkshire BS mortgage. Is this a supplemental conveyancing fee specified by Yorkshire BS?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor may charge a fee for this. The charge is not dictated by Yorkshire BS but by your Tanworth In Arden lawyer. Plenty of firms on the Yorkshire BS panel will levy ’dealing with mortgage’ fee but many practices include it on their overall fee.
My wife and I are in the process of looking at houses in Tanworth In Arden and I am now considering a potential offer. Should I already have a property lawyer appointed at this stage? I am planning to take a home loan with Virgin Money.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are seeking a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
After shopping around on the internet I have found a Tanworth In Arden conveyancing practitioner having checked that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham 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 property lawyer 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 Tanworth In Arden postcode. As you are getting a mortgage with Nottingham, you could contact them to see if they have a list of approved surveyors in Tanworth In Arden.
I have recentlydiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Tanworth In Arden for a purchase of a leasehold apartment 18 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The easiest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tanworth In Arden conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a house in Tanworth In Arden in advance of appointing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may not grant a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tanworth In Arden. Conveyancing will be smoother if you use a solicitor in Tanworth In Arden especially if they are familiar with such properties in Tanworth In Arden.
I was advised by two or three local property agents in Tanworth In Arden to find a property lawyer on your site. What’s the financial inducement for Estate Agents to market your site rather than another?
We don’t give any financial incentive for directing people our way. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I purchased a house in Tanworth In Arden last 13/12/2017 and to date it is still not registered with HM Land Registry. It is part of a new estate and my conveyancer told me that it can take one year to complete the registration formalities. I have contacted HM Land Registry directly and they have informed me the original application was cancelled due to failure to reply to requisitions. Do I need to be concerned?
It is your conveyancer that you must contact in order to satisfy any issues which have arisen as part of the registration process for your Tanworth In Arden property. Normal Tanworth In Arden conveyancing practice includes an undertaking on the part of the previous owner’s property lawyer that they will help resolve any registration raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.