I have just been advised by my estate agent that my South Petherton lawyer is not on the lender Solicitor panel. How can I be sure if this is correct?
The best course of action for you to take is to call your South Petherton conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they may be able to suggest a South Petherton conveyancing firm that is on the conveyancing panel for your mortgage company.
I require conveyancing for a flat in a relatively new development (seven years built) in South Petherton. The vast majority the appartments are already sold. Do I need carry out the conveyancing searches for my conveyancing in South Petherton?
Conveyancing Searches are a critical link in the South Petherton conveyancing process. There are numerous companies who offer South Petherton conveyancing searches, as well straight from the local authority. These are generally termed personal search companies due to them carrying out, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must secure their data from the local authoritative source.
We are buying a end of terrace house in South Petherton. The intention is to carry out a loft conversion at the house.Will legal investigations on the property include enquiries to see if these alterations are permitted?
Your property lawyer should check the deeds as conveyancing in South Petherton can on occasion identify restrictions in the title deeds which restrict certain alterations or need the consent of a 3rd party. Many additions need local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
I am currently in the process of buying my council flat in South Petherton. I have a mortgage agreed with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I currently have a mortgage with Aldermore for my property in South Petherton. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Aldermore?
Aldermore must be informed of your intention before renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. It may be that Aldermore will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. It should not be necessary to do this via a Aldermore conveyancing panel solicitor.
I require expedited conveyancing in South Petherton as I am under a deadline to sign on the dotted line in less than 4 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a home loan you are at free not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in South Petherton the following are instances of what can be revealed and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
Due to the advice of my in-laws I had a survey completed on a house in South Petherton in advance of appointing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders tend not issue a loan on such a home.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Petherton. Conveyancing may be slightly more expensive based on your lender's requirements.