We note that you have a search directory listing law firms on the Nationwide conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Boncath?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Boncath.
My aunt passed away last year and as sole heir and executor I was left the house in Boncath. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this allowed?
Where you intend to refinance then Nationwide will insist on your using a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
I am downsizing from our property in Boncath and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Boncath lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Boncath. We have lived in Boncath for 5 years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I have been on the look out for a leasehold apartment up to £195,000 and identified one near me in Boncath I like with amenity areas and railway links in the vicinity, however it only has 61 remaining years left on the lease. I can't really find anything else in Boncath suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
My cousin has urged me to use his conveyancing solicitors in Boncath. Should I use them?
No doubt it’s preferable to select a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the conveyancer you're considering.
We are buying a 2 room ground floor flatin Boncath with a loan from a bank. We wish to instruct our solicitor in Boncath yet our bank advise she’s not on their "panel". It seems we have little choice but to instruct from the our bank panel solicitors or keep our Boncath conveyancer and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that our mortgage company use our Boncath lawyer?
No, not really. The bank home loan offered to you is subject to conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. in the past, most lenders had large numbers of law firms on their panels, including many conveyancing solicitors in Boncath : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for your mortgage company.