I have just been advised by my lender that my Belford the law firm I have appointed is not on the mortgage company Solicitor panel. What can I do to check?
The sensible course of action for you to take is to contact your Belford conveyancer. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
My husband and I are nearing an exchange on a house in Belford and my mum and dad have transferred the ten percent deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my lawyer needs to make a notification to my lender. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the lender regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?
Your lawyer is legally required to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Do the Building Society Association intend to launch a searchable register to list firms on the Melton Mowbray Building Society conveyancing panel for instance in Belford?
We are not aware of any intention on the part of the BSA to promote such a search facility.
I have todaydiscovered that Wolstenholmes have been shut down. They carried out my conveyancing in Belford for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Belford conveyancing specialists.
I decided to have a survey carried out on a property in Belford ahead of appointing solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders may not issue a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Belford. Conveyancing may be slightly more expensive based on your lender's requirements.
In what way does the Landlord & Tenant Act 1954 affect my business premises in Belford and how can your lawyers assist?
The particular law that you refer to affords protection to commercial tenants, giving them the right to make a request to court for a renewal lease and continue in occupation at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Belford