We are acquiring a newly built duplex in Blythe Bridge and my solicitor is telling me that she has to the mortgage company to reveal incentives from the seller. I am under pressure to sign contracts and my preference is not to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is is a decade since I bought my house in Blythe Bridge. Conveyancing solicitors have just been retained on the sale but I can't locate the deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be retained by the mortgage company or they may be in the possession of the conveyancers who oversaw the purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Blythe Bridge involves registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
My uncle passed away 10 months ago and as sole heir and executor I was left the property in Blythe Bridge. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
Where you intend to refinance then Co-operative will require that you use a conveyancer on the Co-operative 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 Co-operative 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 Co-operative mortgage is registered as a charge at the Land Registry.
When it comes to lenders such as Nottingham, do Blythe Bridge conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
Is there a list of Lloyds panel solicitors in Blythe Bridge on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings viewable on the web. If you are looking for a Blythe Bridge conveyancer on the Lloyds please make the most of our facility.
Planning on purchasing a flat in Blythe Bridge. 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 Blythe Bridge solicitor is on the Lloyds conveyancing panel.
I am buying a new build flat in Blythe Bridge. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Blythe Bridge
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There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
How simple is it to change solicitor as I need to choose one who is on the Halifax conveyancing list. I had appointed a family conveyancing solicitor in Blythe Bridge round the corner but the firm is not accepted by Halifax
We will our best to assist in finding you a conveyancing solicitor in Blythe Bridge on the Halifax panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Blythe Bridge. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Blythe Bridge.