Our solicitor has uncovered a a problem with the lease for the apartment we are purchasing in Common Edge. The seller’s lawyers have offered defective title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancer has advised that he must ensure that the mortgage company is willing to move forward with this solution. Are we the client or is the bank?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the bank are the client. These conveyancing instructions must be adhered to.
We note that you have a post code search directory identifying solicitors on the Leeds Building Society conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Common Edge?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Common Edge.
Just bought a detached house in Common Edge , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Common Edge conveyancing solicitor has been painfully slow, so I want to check that my purchase is recorded.
As far as conveyancing in Common Edge registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can differ according to the party submitting the application, whether it is in order and if the Land registry need to notify any interested persons or bodies. At present roughly 80% of submission are completed in less than three weeks but occasionally there can be protracted delays. Historically registration occurs once the new owner is living at the property thus an expedited registration is not always top priority yet if it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Common Edge is the location of the property. What do you suggest?
Flying freeholds in Common Edge are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Common Edge you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Common Edge may determine 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 property.
How do I locate a Common Edge solicitor on the Leeds Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the lawyer.
Feel free to make use of the search on this page. Please pick a lender and your location and you will see a number of Common Edge conveyancing lawyers located nearest you. We have listed some Common Edge conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Leeds Building Society member panel
I need to appoint a conveyancing solicitor for remortgage conveyancing in Common Edge. I've discover a site which appears to be the perfect solution If there is a chance to get all formalities completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?