I was advised today by my IFA that my Bodfari property lawyer is not on the lender Solicitor panel. What can I do to check?
Your first step should be to contact your Bodfari lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they may be able to suggest a Bodfari conveyancing practice that is on the approved list of lawyers for your mortgage company.
I own a freehold property in Bodfari but still invoiced for rent, why is this and what is this?
It is rare for properties in Bodfari and has limited impact for conveyancing in Bodfari but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
I am helping my sister sell her flat in Bodfari. Will the conveyancer arrange an energy performance certificate or should I organise this?
After the abolition of Home Information Packs, energy assessments was kept a required component of selling a house. An EPC must be commissioned prior to the property being advertised. This is not something that lawyers normally organise. If you are using a Bodfari conveyancing practitioner they may be able to arrange EPC’s given their relationships with long established Bodfari accredited person
Is there a list of Coventry BS panel solicitors in Bodfari on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few mortgage companies make their panel listings open the public online. Where you are looking for a Bodfari solicitor on the Coventry BS please make the most of our tool.
We previously selected solicitors based in Bodfari on the Yorkshire BS solicitor panel. They are now charging me a supplemental sum for dealing with the Yorkshire BS mortgage. Is this an additional conveyancing fee specified by Yorkshire BS?
Provided it is contained in their Terms of Engagement or estimate then yes your property lawyer may charge a fee for this. The charge is not set by Yorkshire BS but by your Bodfari solicitor. Plenty of firms on the Yorkshire BS panel will levy an ‘acting for lender’ fee and others do not.
I have todaybeen informed that Action Conveyancing have closed. They carried out my conveyancing in Bodfari for a purchase of a leasehold apartment 9 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest method to check if the property 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 Bodfari conveyancing specialists.
How does conveyancing in Bodfari differ for newly converted properties?
Most buyers of new build or newly converted property in Bodfari approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Bodfari usually acquire the land, 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 conveyancers 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 used to new build conveyancing in Bodfari or who has acted in the same development.
I need to find a conveyancing solicitor for remortgage conveyancing in Bodfari. I've stumble upon a site which looks to be the ideal answer If there is a chance to get all the legals completed via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?