I had intended to instruct a conveyancing solicitor in Denmark Hill for our home move. Our financial adviser informed us that our mortgage company Leeds Building Society won't deal with them. Surely this is unduly restrictive?
Banks ordinarily restrict either the type or the amount of conveyancing solicitors on their panel. A common example of such restriction(s) being that a law practice must have two or more partners. As well as restricting the type of firm, some have limited the number of solicitor practices they use to act for them. You should note that Leeds Building Society have no responsibility for the quality of advice provided by any member of Leeds Building Society Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels since 2008 even though there are differing views concerning the extent of solicitor engagement in some of that fraud. Figures from the Land Registry indicate that hundreds of law firms, including some in or near Denmark Hill only execute one or two conveyances per annum.
I am assisting my aunt sell her house in Denmark Hill. Does the solicitor order the energy performance certificate or should I organise this?
After the abolition of HIPs, EPC’s was left as a required part of moving house. An energy assessment must be to hand prior to the property being advertised. This is not as aspect of the sale process that law firms ordinarily arrange. Where you are using a Denmark Hill conveyancing solicitor they may be willing to arrange energy performance certificates due to their contacts with reputable Denmark Hill accredited person
Can you point me to a directory of UBS panel solicitors in Denmark Hill on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. If you are seeking to appoint a Denmark Hill conveyancer on the UBS please use our facility.
I am buying a property in Denmark Hill. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As you are obtaining a mortgage with Virgin Money your lawyer must follow the conveyancing instructions outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum specifications for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease does not satisfy these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Denmark Hill.
three months have gone by since my purchase conveyancing in Denmark Hill concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Denmark Hill is where the house is located. Is there any advice you can give?
Flying freeholds in Denmark Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Denmark Hill you would need to get your solicitor to go 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 Denmark Hill may ascertain 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.
I'm remortgaging my primary property to a BTL mortgage with Halifax and I will use the ballance of the raised equity towards further property. The area we are looking at is Denmark Hill. Will your lawyers be able to act for the two banks and tie in the two deals?
Make use of our search tool on this page to be sure that the lawyers are on the relevant lender panels. Having checked that they are your conveyancer will be able to tie up the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and needs.
Is planning permission necessary to split a house into multiple appartments in Denmark Hill? This has occurred to a house adjacent to a relative in Denmark Hill and was unaware of it happening until the works were complete.
Planning Consent yes. Building Reg Approval yes.