I am obtaining a mortgage offer from Nat West. My intention is to employ the services of a Licensed Conveyancer in Codsall. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Completed the sale of my flat in Codsall last April but my buyer keeps Skype messaging daily complaining that his lawyer needs to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your lawyer is committed to deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your conveyancer should also evidence that the home loan has been paid off to the purchasers conveyancers. There are no post completion steps unique to conveyancing in Codsall.
We're in Codsall, First timers purchasing with a mortgage (lender is Santander , and our lawyer is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My wife and I own a semi-detached Victorian house in Codsall. Conveyancing lawyer represented me and Nationwide Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Codsall and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who carried out the work.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Codsall is where the house is located. Can you offer any opinion?
Flying freeholds in Codsall are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Codsall you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Codsall may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My cousin has urged me to appoint his conveyancers in Codsall. Should I use them?
There are no two ways about it the best way to find a conveyancing solicitor is to have referrals from friends or relatives who have previously instructed the firm that you are considering.