Can I use your services to recommend a Conveyancing solicitor in Bishops Cleeve even if I’m not buying or disposing of a house, for instance if I intend to buy a shop in Bishops Cleeve with a loan from Bank of Scotland?
Our comparison service is primarily utilised to find domestic conveyancing solicitors in Bishops Cleeve but we have recorded at the end of this page a few Bishops Cleeve commercial conveyancing firms. You will need to speak with the company directly to establish if they can also act for Bank of Scotland
My grandfather passed away 10 months ago and as sole heir and executor I was left the house in Bishops Cleeve. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
Where you intend to refinance then Skipton will insist on your using a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
A friend advised me that in purchasing a property in Bishops Cleeve there could be various restrictions affecting the ability to carry out external changes to the property. Is this right?
There are a number of properties in Bishops Cleeve which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Bishops Cleeve should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have a mortgage with Coventry BS for my property in Bishops Cleeve. Conveyancing was finalised some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Coventry BS?
Your original mortgage agreement with Coventry BS will provide that you need their approval in advance of renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. It should not be necessary to do this via a Coventry BS conveyancing panel solicitor.
After what seems like an age I have had an offer on a maisonette in Bishops Cleeve agreed to, but there is a chain. The vendors have put an offer on on an apartment, however it’s not yet agreed to, and are looking at other properties booked. I have instructed a bricks and mortar conveyancing solicitor in Bishops Cleeve. What should be my next step? At what stage should I apply for the mortgage with Virgin Money?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Bishops Cleeve conveyancing search fees, etc). The first thing to do is check that your lawyer is on the Virgin Money conveyancing panel. Regarding the next phase this very much dictated by the specifics of your case, attraction to this property and on the state of the market. During a rising market many purchasers will apply for a home loan with Virgin Money and pay for the valuation and only if it was satisfactory would they ask their conveyancer to press on with the conveyancing in Bishops Cleeve.
I have a 4 bedroom Georgian property in Bishops Cleeve. Conveyancing lawyer represented me and Bank of Ireland. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the matching property. Is it worth asking Bank of Ireland to clarify?
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 Bishops Cleeve and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing solicitor who completed the work.
I'm buying a new build house in Bishops Cleeve with a loan from Bank of Ireland. The builders would not move on the amount so I negotiated £7000 of additionals instead. The sale representative advised me not inform my conveyancer about the extras as it would impact my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey carried out on a property in Bishops Cleeve in advance of appointing conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some banks tend not issue a loan on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bishops Cleeve. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bishops Cleeve to see if the conveyancing costs will increase in light of this.