Do the Building Society Association intend to launch a online directory to list law firms on the Norwich and Peterborough Building Society conveyancing panel for instance in Fir Vale and Wadsley Bridge?
We have not been informed any intention on the part of the BSA to develop such a tool.
When it comes to lenders such as HSBC, do Fir Vale and Wadsley Bridge property lawyers have to pay an annual charge to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
We have agreed to purchase a house in Fir Vale and Wadsley Bridge. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Leeds Building Society be concerned?
Given that your lender is Leeds Building Society your lawyer must check the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Leeds Building Society. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Leeds Building Society where a lease fails to comply with these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Fir Vale and Wadsley Bridge.
My partner and I are spending time looking at houses in Fir Vale and Wadsley Bridge and I am about to put in an offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a mortgage with Nationwide.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are obtaining a mortgage with Nationwide, make sure you remember to check that your lawyer is on the Nationwide conveyancing panel.
What will a local search reveal regarding the property I am buying in Fir Vale and Wadsley Bridge?
Fir Vale and Wadsley Bridge conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays a central role in many a Fir Vale and Wadsley Bridge conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
It has been 2 months following my purchase conveyancing in Fir Vale and Wadsley Bridge completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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 decided to have a survey completed on a property in Fir Vale and Wadsley Bridge in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks will refuse to issue a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions from Nationwide. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Fir Vale and Wadsley Bridge. Conveyancing will be smoother if you use a solicitor in Fir Vale and Wadsley Bridge especially if they are acquainted with such properties in Fir Vale and Wadsley Bridge.
I bought a flat in Fir Vale and Wadsley Bridge last 14/2/2024 and to date it is still not registered with HMLR. It is part of a new estate and my conveyancer told me that it can take over a year to register. I have spoken with HM Land Registry directly and they say that the initial application was cancelled due to questions not being addressed in time. What can I do?
It is your conveyancing practitioner that you really need to get in touch with in order to satisfy any questions which have arisen as part of the registration process for your Fir Vale and Wadsley Bridge property. Normal Fir Vale and Wadsley Bridge conveyancing practice includes an undertaking on the part of the seller's solicitor that they will help resolve any question raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.