We're in Stokesley, First timers purchasing with a mortgage (lender is Principality , and our lawyer is on the Principality conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Principality conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am buying a victorian detached house in Stokesley. The intention is to convert the garage to an office at the property.Will the conveyancing process include investigations to ascertain if these works were previously refused?
Your solicitor will review the registered title as conveyancing in Stokesley will occasionally identify restrictions in the title deeds which restrict categories of changes or require the permission of a 3rd party. Some works need local authority planning permissions and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these issues with a surveyor prior to committing yourself to a purchase.
I had a mortgage agreed in principle with Barclays. Stokesley conveyancing practitioners were chosen. How long does it take for Barclays to send the offer to the lawyer?
There is no definitive answer here. Have Barclays done the valuation? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am currently in the process of buying my council flat in Stokesley. I have a mortgage agreed with Bank of Ireland. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
4 months have elapsed following my purchase conveyancing in Stokesley took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey carried out on a house in Stokesley ahead of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some lenders may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you e-mail us we can investigate further with 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 Stokesley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stokesley to see if the conveyancing costs will increase in light of this.
I am using a search engine for the phrase cheap conveyancing in Stokesley it shows results of many solicitorsin the area. How do I determine which is the right solicitor for me?
The ideal way of choosing a suitable conveyancer is through a personal recommendation, so ask colleagues and family who have purchased a property in Stokesley or the respected estate agent or financial adviser. Charges for conveyancing in Stokesley differ, so it's a good idea to obtain a minimum of three fee estimates from varying types of conveyancers. Dont forget to clarify that the fees are fixed.