We see that you have a search directory identifying solicitors on the Yorkshire BS conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Castle Cary?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Castle Cary.
We're in Castle Cary, First timers purchasing with a mortgage (lender is Nationwide , and our lawyer is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer 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 decided to have a survey completed on a property in Castle Cary ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies may refuse to issue a loan on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Castle Cary. Conveyancing will be smoother if you use a solicitor in Castle Cary especially if they are familiar with such properties in Castle Cary.
We're FTB’s - agreed a price, yet the estate agent has warned us that the seller will only proceed if we appoint the agent's chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street solicitor accustomed to conveyancing in Castle Cary
We suspect that the owner is unaware of this demand. If they require ‘a quick sale', taking such a hostile approach to a motivated buyer is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Castle Cary conveyancing lawyers - rather thanthose that will give the estate agent a commission or meet his conveyancing targets pre-set by senior management.
What advice can you give us when it comes to appointing a Castle Cary conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Castle Cary conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with two or three firms including non Castle Cary conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
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If they are not ALEP accredited then what is the reason? What are the costs for lease extension work?
Castle Cary Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
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If a Castle Cary lease has fewer than 80 years it will affect the salability of the property. It is worth checking with your bank that they are happy with remaining years on the lease. A short lease means that you will almost definitely require a lease extension at some point and you need to have some idea of how much this would cost. For most Castle Carylease extensions you will be required to have been the owner of the premises for two years before you are eligible to exercise a lease extension. How many of the leaseholders are in arrears for their service charge payments? The answer will be useful as a) areas may cause problems for the block as the communal areas may start to deteriorate where services are not paid for b) if the leasehold owners have an issue with the managing agents you will want to have complete disclosure