We hope to to purchase with Coventry BS. We have called around locally yet am unable to find a Durham conveyancing firm on the Coventry BS approved list. Can you assist?
Feel free to take advantage of the find a conveyancing panel solicitor tool on this web page. Please choose the building society and type Durham or your preferred area and you will see a number of lawyer offices in Durham or nearest you.
We are purchasing a apartment in Durham. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to deposit funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We have agreed to purchase a house in Durham. A rare aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Clydesdale your lawyer must comply with the conveyancing instructions contained in Part 2 of UK Finance Lenders’ Handbook for Clydesdale. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and solicitors are required to report to Clydesdale where a lease fails to meet these specifications. The provisions relate to the installation of panels on properties countrywide and is not restricted to Durham.
I currently have a mortgage with Barclays for my property in Durham. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?
You must advise Barclays before renting your property as this is likely to be a breach of Barclays’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel firm.
Should my lawyer be raising questions concerning flooding as part of the conveyancing in Durham.
Flooding is a growing risk for lawyers dealing with homes in Durham. Some people will acquire a house in Durham, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, however there are a number of searches that may be initiated by the purchaser or by their solicitors which should figure out the risks in Durham. The conventional set of property information forms supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the seller to find out whether the property has suffered from flooding. In the event that the property has been flooded in past which is not notified by the seller, then a purchaser may bring a legal claim for losses stemming from an inaccurate answer. A buyer’s conveyancers should also commission an enviro report. This will reveal if there is any known flood risk. If so, more detailed investigations will need to be initiated.
I have recentlyfound out that Wolstenholmes have closed. They carried out my conveyancing in Durham for a purchase of a freehold house 10 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Durham conveyancing specialists.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend lawyers offering no-move-no charges for commercial conveyancing in Durham for below £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Durham, including the sale and purchase of businesses as well as simply property. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. As for the costs these will vary based on the structure and terms of the proposed transaction. Let us have your details or phone so as to enable us to furnish you with comprehensive commercial conveyancing calculation.
The mortgage broker has recommended their property lawyer for our conveyancing in Durham - Surely it’s better to just instruct them?
You need to establish if the estate agent is recommending a property lawyer or introducing to a property lawyer. There are plenty of Durham selling agents who recommend two or three Durham conveyancing firms purely based on those lawyers offering a great service.