My mortgage broker has requested my Cullompton law firm’s panel reference for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have tried my local Cullompton branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Cullompton property lawyer . Most Cullompton law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
Have purchased a a semi-detached house in Cullompton , What is the estimated time for the Land Registry to record the transfer to my name? My Cullompton conveyancing solicitor works at snail pace, so I want to be sure the registration is concluded.
There is nothing unique about conveyancing in Cullompton registration formalities. Rather than based on location, timeframes can differ according to the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd persons or bodies. Currently roughly three quarters of such applications are fully addressed in less than three weeks but occasionally there can be protracted delays. Registration takes place once the purchaser is living at the property thus an expedited registration is not usually primary concern but where there is a degree of urgency associated with the registration then you or your solicitor must speak with the land registry and explain the circumstances.
About to purchase a new build apartment in Cullompton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Cullompton
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Due to the guidance of my in-laws I had a survey completed on a house in Cullompton before appointing solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may not grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Cullompton. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my house. My former lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Cullompton if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Cullompton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
We are in the middle of buying a house in Cullompton. Conveyancing solicitor has phoned to say the property is "Leasehold". Will this likely make a difference on the salability of the house?
Cullompton conveyancing does not ordinarily involve leasehold houses. The main consideration here is the remaining lease term and the ground rent. If there are hundred of years years remaining with a nominal rent, it's virtually freehold, so it’s unlikely to impact the marketability significantly.
On the flip side, if it's, say, fifty five years it is bound to have a material impact on the saleability, and probably wouldn't be mortgageable. The length of lease and ground rent will be stated in the lease which should be made available to your conveyancer.