My IFA requires my Colyers solicitor’s panel reference for the HSBC conveyancing panel. How do I discover this. I have contacted my local Colyers office but they cant find it on their system.
Have you tried speaking to your Colyers lawyer about this?. They retain a central record lender panel numbers.
My stepmother informed me that in purchasing a property in Colyers there may be various restrictions preventing external changes to the property. Is this right?
We are aware of anumerous of properties in Colyers which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Colyers should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
It is not clear whether my mortgage offer requires a lease extension. I have called my Colyers bank branch on numerous occasions and was told they are content with the situation and they would lend. My Colyers conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend in accordance with their published requirements. I have no idea who is right.
Provided that the conveyancing practitioner is on the lender approved list, they must follow the Council of Mortgage Lenders’ Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am due to exchange contracts on my house. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Yorkshire BS are being pedantic. The Colyers solicitor who is on the Yorkshire BS conveyancing panel is recommending indemnity insurance as a solution but Yorkshire BS are insisting on a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial land in Colyers?
Many commercial conveyancing solicitors in Colyers will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Colyers. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Colyers.
For every commercial conveyancing transaction in Colyers it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Colyers commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Colyers.
Are there restrictive covenants that are commonly identified as part of conveyancing in Colyers?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Colyers. 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 have been on the look out for a ground for flat up to £305k and found one round the corner in Colyers I like with a park and transport links in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Colyers in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage that many years will be problematic. Reduce 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 twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
My wife and I have agreed a price on a Colyers flat left to us ten years ago in 2010. I have over 15 years conveyancing know-how and, now retired, see no reason not to conduct my own conveyancing. The purchaser's conveyancer has informed me that their Lenders will not allow us to do our own conveyancing as they require the funds to be sent to a solicitor's bank account.
Mortgage requirements to conveyancing practitioners from all mainstream lenders state that If the vendor does not have legal representation the purchaser’s lawyers should check whether the bank needs to be told so that a decision can be made as to whether or not they are prepared to progress.