How up to date is your search tool for Catterick Garrison conveyancing solicitors on the Clydesdale conveyancing panel? Do Clydesdale send you an updated list?

Catterick Garrison conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.

We are buying a property in Catterick Garrison. I might seem paranoid but how we can trust a conveyancer? On completion day we will need to deposit funds into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

When it comes to mortgage companies such as Virgin Money, do Catterick Garrison lawyers face a fee to be on the list of approved solicitors?

We are not aware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.

I am purchasing a property in Catterick Garrison. A rare aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As your lender is Nottingham your lawyer must follow the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook contains minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Nottingham where a lease does not meet these provisions. The conditions relate to the installation of panels on properties nationwide and is not limited to Catterick Garrison.

Will our conveyancer be asking questions concerning flooding as part of the conveyancing in Catterick Garrison.

The risk of flooding is if increasing concern for conveyancers dealing with homes in Catterick Garrison. Plenty of people will purchase a house in Catterick Garrison, completely expectant that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.

Solicitors are not best placed to give advice on flood risk, but there are a number of searches that may be undertaken by the buyer or on a buyer’s behalf which will figure out the risks in Catterick Garrison. The standard information sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the seller to discover whether the premises has historically flooded. If the premises has been flooded in past which is not disclosed by the owner, then a purchaser could commence a compensation claim resulting from an inaccurate response. The purchaser’s lawyers should also commission an enviro report. This should disclose if there is a recorded flood risk. If so, additional inquiries should be made.

How does conveyancing in Catterick Garrison differ for new build properties?

Most buyers of new build property in Catterick Garrison come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Catterick Garrison usually 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 Catterick Garrison or who has acted in the same development.

Can you offer any advice when it comes to choosing a Catterick Garrison conveyancing firm to carry out our lease extension conveyancing?

When appointing a property lawyer for lease extension works (regardless if they are a Catterick Garrison conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Catterick Garrison conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:

What are the legal fees for lease extension work? How experienced is the practice with lease extension legislation?

Leasehold Conveyancing in Catterick Garrison - Sample of Questions you should consider Prior to Purchasing

Who manages the building? Please tell me if there are any major works on the horizon that will increase the service charges? The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this scenario the lessees enjoy control and notwithstanding that a managing agent is often employed if the building is larger than a house conversion, the managing agent acts for the leaseholders themselves.