We are buying a flat and require a conveyancing solicitor in Whyteleafe who is on the RBS conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Whyteleafe.
I just bought a property at auction in Whyteleafe. Conveyancing is necessary. What is next?
Given that you have now exchanged you must choose a conveyancing practitioner quickly as you will have a pending a fixed date to complete the conveyancing. An auction property will ordinarily have a bespoke legal pack. This will likely include most,if not all of the paperwork that your solicitor requires. Where you are dealing with leasehold property the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You must give this to the conveyancer instructed by you at the earliest opportunity. Do make sure that that you have the requisite funding in place to complete the transaction on the set completion date.
My husband and I are spending time looking at houses in Whyteleafe and I am about to put in an offer. Is it best to have my conveyancer on ‘stand by’? I intend to finance via a home loan with RBS.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are getting a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
I currently have a mortgage with Virgin Money for my property in Whyteleafe. Conveyancing was finalised 12 months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Virgin Money?
Virgin Money must be informed of your intention prior to letting out your property as this is likely to be a breach of Virgin Money’s mortgage conditions. It may be that Virgin Money will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Virgin Money directly. It should not be necessary to do this via a Virgin Money conveyancing panel firm.
How does conveyancing in Whyteleafe differ for new build properties?
Most buyers of new build property in Whyteleafe come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is completed. This is because builders in Whyteleafe usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Whyteleafe or who has acted in the same development.
I decided to have a survey completed on a house in Whyteleafe ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend not give a loan on such a property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Whyteleafe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Whyteleafe to see if the conveyancing costs will increase in light of this.
Should I instruct a Whyteleafe conveyancing lawyer who is local to the property I am buying? An old friend can perform the legal work but his firm is located 400miles away.
The primary upside of using a local Whyteleafe conveyancing practice is that you can visit the firm to sign paperwork, hand in your ID and apply pressure on them if necessary. Having local Whyteleafe know how is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were happy that must outweigh using an unfamiliar Whyteleafe conveyancing lawyer solely due to them being based in the area.