I'm in the process of porting my domestic mortgage to a BTL Clydesdale mortgage. I was told by my mortgage that I require a conveyancer for this. I had a chat the same Clitheroe conveyancing firm who acted on my behalf when I previously bought the premises. The fee calculation they've given of £500 is surprising as its a refinance than a sale or purchase.
The estimate does seem a little steep. Where you are content to spend time contrasting prices you might get the conveyancing a bit cheaper by say a hundred pounds. That being said, providing that you were satisfied with the service the firm offered you couldcome to regret choosing an an untested solicitor. Remember to be sure that the firm can also act for Clydesdale. Do utilise our search tool to locate a Clitheroe conveyancing firm on the Clydesdale conveyancing panel, which can often include conveyancing solicitors in Clitheroe.
All was ready to move into my new home in Clitheroe next Monday. My lawyer now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the lender expect the insurance to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These obligations are not specific to conveyancing in Clitheroe.
Are there restrictive covenants that are commonly identified during conveyancing in Clitheroe?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Clitheroe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey completed on a house in Clitheroe ahead of instructing lawyers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks will not grant a loan on this type of property.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Clitheroe. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my grandmother I am selling a house in Neath but live in Clitheroe. My solicitor (approximately 260 miles from meneeds me to sign a stat dec before completion. Can you recommend a conveyancing practitioner in Clitheroe who can witness and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are based in Clitheroe
What is the reason for my conveyancer requiring various items of identification ahead of starting selling or purchasing a property in Clitheroe?
Clitheroe conveyancers are required by the Law Society, Solicitors Regulation Authority, the Land Registry and current Money Laundering legislation to certify that the have verified the identity of their clients. It is also sometimes a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, national insurance number and date of birth.