I am obtaining a mortgage offer from Santander. My intention is to retain the legal services of a Licensed Conveyancer in Chesterton. Does the Santander Solicitor panel exclude Licensed Conveyancers?

The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.

I have given 2 months notice to my existing landlord and must vacate my rented apartment in Chesterton by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in 4 weeks as I wish to avoid having to find temporary accommodation?

Generally one should not provide notice for your letting unless your lawyer suggests that you should. Assuming that you have not already done so, speak to your conveyancer and request that they seek the assistance the other lawyers, try to a target completion date that everyone will aim to achieve

My home in Chesterton is up for sale and I have accepted an offer. Does the have to be on the conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.

I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Chesterton is where the house is located. Can you offer any opinion?

Flying freeholds in Chesterton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chesterton you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chesterton may decide 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 property.

I have recently realised that I have 62 years remaining on my lease in Chesterton. I need to extend my lease but my landlord is missing. What should I do?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to prove that you or your lawyers have done all that could be expected to locate the freeholder. For most situations a specialist may be useful to conduct investigations and to produce a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a solicitor both on devolving into the landlord’s absence and the vesting order request to the County Court covering Chesterton.

Leasehold Conveyancing in Chesterton - Examples of Queries before Purchasing

You should be aware if it is no more than 80 years it will have adverse implications on the salability of the property. Check with your mortgage company that they are willing to to proceed given the lease term. A short lease means that you will most likely require a lease extension at some point and it is worth discovering what this would cost. For most Chestertonlease extensions you will need to own the premises for 24 months before you are legally able to extend the lease. How long is the Lease?