I'm in the process of transferring my domestic home loan to a BTL Skipton Building Society mortgage. I was told by my mortgage that I need a solicitor as part of the process. I spoke to my former Southgate conveyancing practitioner who acted on my behalf when I previously purchased the premises. The costs illustration they've given of £470 has shocked me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The quote is slightly on the steep side. If you are willing to expend time scrutinising charges you could trim some of the cost by perhaps £125. On the other hand, assuming were satisfied with the assistance the firm gave you maycome to rue opting for an an unknown solicitor. Don't forget to ensure the firm can act for Skipton Building Society. Do utilise our search tool to locate a Southgate conveyancing firm on the Skipton Building Society member panel, which can often include conveyancing solicitors in Southgate.
We are about to exchange contracts for a semi detached house in Southgate. We encountered a problem. The mortgage offer with National Westminster Bank runs out on 10/2/2025 but the sellers are suggesting a completion date of 12/2/2025. Can one extend the loan expiry date?
The person best placed to deal with your question is your lawyer who will hopefully calculate whether they should be discussing with the mortgage broker, seller’s lawyers, estate agents or conceivably all three taking into account what has happend in your conveyancing as of today.
Do banks and building societies provide you with an approved list of Southgate conveyancing solicitors? How do you know who is on the UBS conveyancing panel?
Southgate conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
I am buying a end of terrace house in Southgate. Our aim is to convert the garage to an office at the property.Will the conveyancing process include enquiries to ascertain if these works were previously refused?
Your solicitor will review the registered title as conveyancing in Southgate can on occasion reveal restrictions in the title deeds which prevent certain works or require the permission of another owner. Some works need local authority planning permissions and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these issues with a surveyor before you commit yourself to a purchase.
I am currently in the process of buying my council flat in Southgate. I have a mortgage offer with UBS. Conveyancing is new to me. 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 UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I had an offer accepted on a house in Southgate on 23/10/2024, valuation was booked 2 days later, received a clean bill of health. Property lawyer appointed, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Are Leeds Building Society entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Southgate differ for new build properties?
Most buyers of new build property in Southgate contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Southgate usually 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 property lawyers 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 Southgate or who has acted in the same development.