Last month we had a mortgage agreed in principle with Nationwide. Withernsea conveyancing solicitors were selected. What is the average time that one could expect to receive a mortgage offer from Nationwide?
Some lenders take longer than others. Have Nationwide conducted the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have paid off my mortgage with Kent Reliance. I assume I don't need a Withernsea conveyancing practitioner on the Kent Reliance panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Withernsea. I have a mortgage offer with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
How does conveyancing in Withernsea differ for new build properties?
Most buyers of new build property in Withernsea approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is completed. This is because new home sellers in Withernsea tend to 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 conveyancers 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 Withernsea or who has acted in the same development.
I have been on the look out for a flat up to £245,000 and found one round the corner in Withernsea I like with amenity areas and station in the vicinity, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Withernsea in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I am a sole trader planning to take over a lease of a shop on the high street. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Withernsea for less than 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Withernsea, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right solicitor. As for the costs this will depend on the structure and complexity of the proposed transaction. Please provide us with your contact information or phone us so that we may supply you with comprehensive commercial conveyancing quote.
My father has urged me to instruct his conveyancers in Withernsea. Do I follow his advice?
Much as we are happy to recommend a Withernsea conveyancing lawyer the ideal way to find a conveyancing solicitor is to seek guidance from friends or relatives who have experience in using the conveyancer that you are are thinking of instructing.