My fiance and I are acquiring a ground floor flat in Godmanchester. My Conveyancer is not on the mortgage company conveyancing list. Can I still use my Godmanchester conveyancing solicitor notwithstanding that they are not on the mortgage company panel?
You must appoint a solicitor to deal with the legal work required when you need a loan to purchase your property. The solicitor will conduct all the appropriate investigations on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You may appoint a Godmanchester conveyancer of your choice. However, where the conveyancing practitioner selected is not on the mortgage company solicitor panel further charges will be levied as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so provided your conveyancer has not previously applied for membership they can do so.
The deeds to our home can not be found. The conveyancers who handled the conveyancing in Godmanchester 10 years ago no longer exist. What are my next steps?
Gone are the days when you need to hold title deeds to prove you own the land or property, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Godmanchester differ for new build properties?
Most buyers of new build or newly converted property in Godmanchester come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is built. This is because builders in Godmanchester tend to purchase the site, 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 accustomed to new build conveyancing in Godmanchester or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Godmanchester in advance of appointing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some lenders tend refuse to issue a mortgage on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Godmanchester. Conveyancing may be slightly more expensive based on your lender's requirements.
I am thinking of appointing a conveyancing solicitor in Godmanchester for my purchase. Is there any facility to check a solicitor's record with the profession’s regulator?
One can review documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.