We have a mortgage agreed in principle with Clydesdale. Sunbury conveyancing practitioners are selected. How long does it take for Clydesdale to forward the offer to the property lawyer?
There is no definitive answer here. Have Clydesdale completed the survey? Have you informed Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am due to exchange contracts on my apartment. I had a double glazing fitted in December 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Co-operative are being problematic. The Sunbury solicitor who is on the Co-operative conveyancing panel is saying indemnity insurance will be fine but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Our offer on a detached house in Sunbury has been accepted, the vendors do however have a connected purchase. The vendors have put an offer on somewhere, but it’s not yet tied up, and have viewings of other flats booked. I have selected a high street conveyancing solicitor in Sunbury. What do I do now? When should I get the mortgage application with Lloyds going?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Sunbury conveyancing search charges, etc). First, you must check that your solicitor is on the Lloyds approved list. Concerning the next stages this very much dictated by the circumstances of your case, attraction to the property and on the state of the market. In a hot market the majority of home buyers will apply for the mortgage with Lloyds and pay for the valuation and only if it comes back ok would they request their solicitor to proceed with searches.
What does a local search reveal regarding the house we're purchasing in Sunbury?
Sunbury conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every Sunbury conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
Due to the encouragement of my in-laws I had a survey completed on a property in Sunbury prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend not give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sunbury. Conveyancing will be smoother if you use a solicitor in Sunbury especially if they are familiar with such properties in Sunbury.
How does the Landlord & Tenant Act 1954 impact my business premises in Sunbury and how can your lawyers assist?
The 1954 Act provides a safeguard to business tenants, giving them the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Sunbury is one of the numerous areas of the UK in which our lawyers are based
New build sellers have recommended to me a conveyancer and I've sought a quote from them. They are nearly £250 less expensive than my local Sunbury solicitor. What's the catch?
Builders often have lists of conveyancing practitioners who are quick and who know the seller’s documentation and lawyer. Plenty of developers offer an inducement to use their approved property lawyer for this reason, any increased charges can be avoided and a developer won't recommend a conveyancing warehouse and run the risk of having the transaction delayed when they require an exchange within a tight deadline. The argument for not agreeing to use the recommended lawyer is that they may prove unwilling to fight for your interests for fear of upsetting the developer. Where you have concerns that this may be the case you should keep with your local Sunbury lawyer.