I am searching for value for money conveyancer. Should I go for for a national conveyancer as opposed to a family Corby conveyancing solicitor?
Corby is a special area, where local experience is a big bonus. The relaxed pace of life has it’s attractions – just not when it comes to your conveyancing. The property lawyers that we recommend possess deep Corby knowledge with a positive, can doapproach that ensures everything runs smoothly. It is a definite plus that they benefit from well established rapport with financial advisers, search providers, valuers and other Corby conveyancing practitioners
The Corby conveyancing firm handling our Corby conveyancing has spotted a discrepancy between the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer says that he needs to check that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
My grandmother passed away last year and as sole heir and executor I was left the house in Corby. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Skipton will require that you use a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
My partner has recommend that I instruct his lawyers for conveyancing in Corby. Should I choose my own solicitor?
No doubt the best way to select a conveyancing practitioner is to seek guidance from friends or family who have previously instructed the firm you're considering.
I've found a house that appears to meet my requirements, at a reasonable price which is making it more attractive. I have just discovered that it's a leasehold rather than freehold. I would have thought that there are particular concerns buying a leasehold house in Corby. Conveyancing advisers have not yet been instructed. Will they explain the issues?
The majority of houses in Corby are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are buying in Corby so you should seriously consider looking for a Corby conveyancing practitioner and be sure that they are used to transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the communal areas where the property is part of an estate. Your conveyancer should report to you on the legal implications.
Leasehold Conveyancing in Corby - Examples of Questions you should ask Prior to Purchasing
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What is the maintenance charge and ground rent on the flat? Best to be warned if fixing the lift or some other significant cost is due in the near future that will be shared amongst the tenants and could well dramatically increase the the service costs or necessitate a specific payment. Many Corby leasehold flats will have a service bill for maintenance of the block set on behalf of the management company. Where you purchase the flat you will have to meet this contribution, usually periodically accross the year. This may vary from two or three hundred pounds to thousands of pounds for large purpose-built blocks. In all likelihood there will be a rentcharge for you to pay yearly, normally this is not a large sum, say approximately £25-£75 but you need to check as on occasion it could be many hundreds of pounds.
I have been recommended a conveyancing solicitor in Corby. I need to find out if they are listed on the bank's approved list of lawyers. Can you help?
You should contact your solicitor and ask them if they are on the lender's approved list. Alternatively please get in touch with us and we can investigate and revert. Should the firm not be on the conveyancing panel we can certainly arrange a reputable conveyancing solicitor in Corby on the approved list for your lender.