I plan on acquiring property in Eaglescliffe. My Solicitor is not listed on the bank conveyancing list. Am I still permitted to retain my Eaglescliffe conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?
One will need to instruct a property lawyer to deal with the formalities if you require a mortgage to buy your property. They will conduct all the essential investigations on the property, ensuring that you will be properly registered as the owner and ensure that all the required mortgage documentation is in place. One could select a Eaglescliffe solicitor of your choosing. However, if the conveyancer selected is not on the bank conveyancing panel further fees will be incurred as separate legal representation will be required by them. Lender panel applications may be submitted, so where your solicitor has not previously sought membership they should take the opportunity to apply.
We're in Eaglescliffe, First timers purchasing with a mortgage (lender is Aldermore , and our lawyer is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My relative recommended that if I am buying in Eaglescliffe I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Eaglescliffe conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Eaglescliffe around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Eaglescliffe.
I have todayfound out that Action Conveyancing have closed. They carried out my conveyancing in Eaglescliffe for a purchase of a leasehold flat 9 months ago. How can I check that my home is not still registered in the name of the previous owner?
The easiest method to see 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 Eaglescliffe conveyancing specialists.
Due to the guidance of my in-laws I had a survey completed on a house in Eaglescliffe before instructing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders will not give a mortgage on such a property.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you e-mail 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 used to dealing with flying freeholds in Eaglescliffe. Conveyancing may be slightly more expensive based on your lender's requirements.