I am getting a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Much Hadham. Does the Santander Conveyancing panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can conveyancing in Much Hadham to be completed inside a month?
In a situation where you are under time constraints to complete we would recommend that your solicitor is familiar with the location as they will have local relationships and insight. It is even conceivable that they could have transacted otherhomes in the same road. Therefore consider using a Much Hadham conveyancing solicitor. In addition, double check that the lawyer is on the member panel. It is said that just under twenty per cent of Much Hadham conveyancing deals are suspended or jeopardised after discovering a purchaser’s solicitor was not on their banks member panel. This can often result in the home move being delayed by as much as 21 days. It is said that this issue impacts in the region of 100,000 home sales every year. Many Much Hadham conveyancing firms can not act for certain banks so do check at the outset.
How does conveyancing in Much Hadham differ for new build properties?
Most buyers of new build or newly converted property in Much Hadham approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Much Hadham tend to buy the real estate, 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 Much Hadham or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Much Hadham ahead of instructing lawyers. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders tend refuse to give a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Much Hadham. Conveyancing may be slightly more expensive based on your lender's requirements.
Should one as executor remove a departed person's name from the title register for a house in Much Hadham?
Where a Much Hadham property is jointly owned and one of the proprietors dies, the name will not immediately be removed from the Land Registry title. You are not required to remove their name as in the event of a disposal your conveyancer would simply be required to evidence as to the reason the other proprietor is not included in the conveyance, normally this takes the form of the probate documents.
With the aim of making the sale conveyancing simpler in the future you can apply to have the deceased person erased from the title entries by applying to HMLR with evidence of the death. There is no charge from the Registry for this service.