I am obtaining a mortgage with Nat West. My intention is to enlist the help of a Licensed Conveyancer in Egremont. Does the Nat West Conveyancing panel include Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My bid for a property was accepted at auction in Egremont. Conveyancing is necessary. What happens now?
Now that you have exchanged you now have to find a conveyancing lawyer as a matter of priority as you now have a tight deadline in which to complete the deal. An auction property will ordinarily have an associated legal pack. This should include most,if not all of the documents that your conveyancer will need. Where you are dealing with leasehold property the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You should hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that your finances are in order to complete on the date specified in the contract.
We have a mortgage agreed in principle with Nottingham. Egremont conveyancing lawyers are chosen. How long does it take for Nottingham to send the offer to the conveyancer?
There is no definitive answer here. Have Nottingham conducted the survey? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am selling my house. I had a double glazing fitted in October 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, HSBC are being problematic. The Egremont solicitor who is on the HSBC conveyancing panel is saying indemnity insurance will be fine but HSBC are insisting on a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I need some expedited conveyancing in Egremont as I am faced with pressure to exchange contracts inside 3 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at liberty not to have searches conducted although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Egremont the following are examples of what can crop up and adversely impact the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
It has been 3 months since my purchase conveyancing in Egremont took place. I have checked the Land Registry website 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 residence 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.
I am looking for a leasehold apartment up to £305k and identified one near me in Egremont I like with a park and transport links nearby, the downside is that it only has 51 years on the lease. There is not much else in Egremont for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Given that I will soon spend hundreds of thousands of pounds on a property in Egremont I wish to have a conversation with the solicitor concerning thehouse move in advance of giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your conveyancing in Egremont.There is no ‘factory style conveyancing’ - every client is unique individual, not a case reference. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Egremont should be the figure that you are charged.