Finally the sale completed on my house in Halesworth last May but our buyer keeps calling every few hours complaining that their lawyer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your house sale your solicitor is duty bound to send the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer must also confirm that the home loan has been redeemed to the purchasers conveyancers. There are no post completion steps specific conveyancing in Halesworth.
I am about to put an offer on a leasehold property in Halesworth. The property agents advise that it is standard for flats in Halesworth to have less than 75 years remaining. I am obtaining a mortgage with Tesco Bank. Will the property be mortgageable given that the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/1/2025 the requirements read as follows :
My father pointed out to me me that in purchasing a property in Halesworth there may be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Halesworth which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Halesworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are getting a further advance on our home loan from Yorkshire BS as we wish to conduct renovations to our house in Halesworth. Do we need to appoint a nearby Halesworth solicitor on the Yorkshire BS conveyancing panel to deal with the paperwork?
Yorkshire BS don't usually instruct a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS panel.
About to purchase flat in Halesworth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Halesworth property lawyer is on the Lloyds conveyancing panel.
I opted to have a survey done on a property in Halesworth ahead of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies tend refuse to grant a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Halesworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Halesworth to see if the conveyancing costs will increase in light of this.
Do online conveyancing companies undertake everything a local Halesworth solicitor does or must I employ a solicitor for the final stages for my conveyancing in Halesworth?
Where you choose an online conveyancer they should undertake all the work your Halesworth conveyancer will cover.