Would the conveyancing solicitors identified via your search tool execute auction conveyancing in Yateley?

We know of a number of auction practitioners we can put you in touch with those conducting auction conveyancing. Yateley is one of hundreds of areas of in which our lawyers have offices.

Completed the sale of my flat in Yateley last May but our buyer keeps SMS messaging every few hours complaining that her conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?

Following your disposal your solicitor is committed to send the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where relevant, your lawyer must also confirm that the mortgage has been discharged to the buyers lawyers. There is unlikely to be post completion procedures unique to conveyancing in Yateley.

I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Yateley solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?

Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS 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. You may wish to consider appointing your own Yateley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

Clydesdale have agreed my home loan in principle, my offer on a house in Yateley has been agreed to, now what?

The property agent will want to be advised as to your property lawyer's details (ensure that the property lawyers are on the bank’s approved list). Telephone Clydesdale or the financial adviser and complete any outstanding paperwork. Clydesdale will appoint a valuer who will get in contact with the estate agent or vendor to schedule a slot for the valuation to take place. Once carried out (assuming no problems) it takes on average a week to receive the mortgage offer. Clydesdale will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Yateley.

Our sealed bid on a house in Yateley has been agreed to, the sellers do nevertheless have a dependent purchase. The sellers have offered on on an apartment, but it’s not yet tied up, and have viewings of other apartments booked. I have instructed a nearby conveyancing solicitor in Yateley. What should be my next step? When should I get the mortgage application with Nottingham going?

It is usual to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Yateley conveyancing search charges, etc). First, you should check that your lawyer is on the Nottingham conveyancing panel. Concerning the subsequent steps this very much depends on the uniqueness of your transaction, attraction to this property and on the state of the market. In a hot market some purchasers will apply for a home loan with Nottingham and arrange for the valuation and only if it was satisfactory would they pay their conveyancer to move forward with searches.

I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Yateley is the location of the property. Can you offer any opinion?

Flying freeholds in Yateley are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Yateley you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Yateley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

In relation to leasehold conveyancing in Yateley what are the most common lease defects?

Leasehold conveyancing in Yateley is not unique. All leases are unique and legal mistakes in the legal wording can result in certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:

Repairing obligations to or maintain parts of the property A duty to insure the building

You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, Leeds Building Society, and Nottingham Building Society all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.

Yateley Leasehold Conveyancing - A selection of Queries before Purchasing

Make sure you find out if there is anything that is prohibited in the lease. By way of example it is fairly common in Yateley leases that pets are not permitted in in a block in Yateley. If you like the propertyin Yateley but your cat is not allowed to live with you then you have a very hard determination. Are any of leasehold owners in arrears of their service charge liability? Are there any major works on the horizon that will likely increase the maintenance costs?