I am acquiring residence in Castelnau. My Conveyancer is not listed on the mortgage company solicitor panel. Am I still permitted to use my Castelnau conveyancing solicitor even though they are not on the lender panel?
You have numerous choices open to you here
- Carry on with your chosen Castelnau conveyancer but your lender will undoubtedly instruct a property lawyer from their conveyancing panel. The net result is additional charges together with probable delay.
- Choose a new solicitor to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your lawyer to seek to join the bank panel
In what way does my ID and proof of funds have anything to do with my conveyancing in Castelnau? Why is this being asked of me?
Castelnau conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under money laundering regulations to check the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement no older than three months).
Evidence of the origin of monies is also necessary in accordance with the money laundering laws as lawyers have a duty to investigate that the funds you are using to buy a property (whether it be the deposit for exchange or the full purchase amount where you are buying without a mortgage) has originated from legitimate source (such as employment savings) and is not the fruits of illegitimate activity.
I had a mortgage agreed in principle with Nationwide. Castelnau conveyancing lawyers are instructed. How long does it take for Nationwide to issue the offer to the lawyer?
There is no definitive answer here. Have Nationwide completed the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We have agreed to purchase a house in Castelnau. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
As you are obtaining a mortgage with RBS your lawyer must check the formal instructions contained in Part two of UK Finance Lenders’ Handbook for RBS. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to RBS where a lease fails to satisfy these requirements. The provisions relate to the installation of panels on properties nationwide and is not limited to Castelnau.
We were going to get a DIP from Nottingham this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Castelnau solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Castelnau solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I bought my apartment on 9 October and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Castelnau advises it would be concluded in less than a month. Are titles in Castelnau particularly slow to register?
As far as conveyancing in Castelnau is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can vary according to the party submitting the application, whether it is in order and whether the Land registry communicate with any 3rd persons or bodies. As of today in the region of 80% of submission are fully addressed within two weeks but some can be subject to protracted delays. Registration occurs once the buyer is living at the property therefore an expedited registration is not always an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
My husband and I are novice buyers - agreed a price, yet the agent advised that the vendor will only proceed if we instruct their chosen conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Castelnau
We suspect that the owner is unaware of this ultimatum. Should the vendor want ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are serious buyers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Castelnau conveyancing firm - not the ones that will provide their negotiator at the agency a referral fee or hit his conveyancing targets pre-set by HQ.
I own a leasehold flat in Castelnau. Conveyancing and Clydesdale mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1992. The conveyancing solicitor in Castelnau who previously acted has long since retired. What should I do?
First make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. There is no need to instruct a Castelnau conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Castelnau. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Castelnau flat is 19 Crisp Road in June 2009. Following a vesting order (Under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993) The tribunal determined that the premium payable for the acquisition of the freehold was £33,756,apportioned as to£12,285 for the lower at and £21,471for the upper fat. This case related to 2 flats. The unexpired term was 68.32 years.