I happen to be the sole recipient of my late father’s estate with all property in now in my sole name, including the my former home in Gidea Park. The Gidea Park property was put into my name in January. I want to move. I understand that there is a CML 6 month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the house in January. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How practical a view banks take of it, depend on the mortgage company as this obligation primarily exists to capture the purchase and immediately sell or the flipping of properties.
We are getting a further advance on our home loan from HSBC as we intend to carry out alterations to our home in Gidea Park. Are we obliged to select a local Gidea Park solicitor on the HSBC conveyancing panel to deal with the legals?
HSBC would not normally instruct firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC conveyancing panel.
I had a mortgage agreed in principle with UBS. Gidea Park conveyancing practitioners are instructed. What is the average time that one could expect to receive a mortgage offer from UBS?
Some lenders take longer than others. Have UBS completed the survey? Have you informed UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I require expedited conveyancing in Gidea Park as I am faced with an ultimatum to sign on the dotted line within one month. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you are at free not to do searches although no lawyer would recommend that you don't. With plenty of history conveyancing in Gidea Park the following are instances of issues that can be revealed and therefore affect future saleability: Enforcement Actions, Outstanding Fees, Overdue Grants, Railway Schemes,...
The deeds to our home are lost. The conveyancers who did the conveyancing in Gidea Park 5 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your lawyer will know exactly where to look for all the relevant paperwork so you may buy or dispose of your house without any difficulty. Where duplicates are not available, your conveyancer can put in place insurance or indemnities protecting you against possible claims on your property.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Gidea Park is where the house is located. Is there any guidance you can impart?
Flying freeholds in Gidea Park are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Gidea Park you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gidea Park 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 am looking to sell my property. My former conveyancers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Gidea Park if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Gidea Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Are all Gidea Park law firms on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street lender branch in Gidea Park. the probability is that they will be in a position to list some approved conveyancing solicitors in Gidea Park