Can I use your services to recommend a Conveyancing solicitor in Belford even if I’m not buying or selling a house, for instance if I wish to buy a shop in Belford with a loan from Birmingham Midshires?
Our search tool is predominantly there to help choose residential conveyancing solicitors in Belford but we have listed towards the end of this page a selection of Belford commercial conveyancing firms. You will need to make contact with the company directly to see if they can also act for Birmingham Midshires
I am considering applying for a Coventry BS mortgage for purchase of a newly converted (under development) in Belford with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Coventry BS ?
There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Me and my brother own a terraced Edwardian house in Belford. Conveyancing solicitor acted for me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Belford and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing practitioner who conducted the work.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Belford is the location of the property. Is there any advice you can impart?
Flying freeholds in Belford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Belford you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Belford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm converting the mortgage on my primary house to a BTL mortgage with Accord Mortgages Ltd and I will use the rest of the raised equity as a deposit on another property. The area we are looking at is Belford. Will your solicitors be able to act for both sets of mortgage companies and tie in the two deals?
Make use of our comparison tool on this page to be sure that the lawyers are on the relevant lender panels. On the basis that they are your lawyer will be able to tie up the two deals but you should talk with you solicitor and communicate your expectations and requirements.
Last July I purchased a leasehold property in Belford. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Belford Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
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Who takes responsibility for maintaining and repairing the building? Best to be warned if changing the roof or some other major work is coming up to be shared by the tenants and will dramatically impact the level of the service charges or necessitate a specific invoice.