I am getting a mortgage with Nat West. I intend to employ the services of a Licensed Conveyancer in Great Linford. Does the Nat West Solicitor panel exclude Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Do the Building Society Association intend to launch a search tool with a view to list firms on the Melton Mowbray Building Society conveyancing panel for example in Great Linford?
We are not aware of any plans on the part of the BSA to promote such a tool.
We are purchasing a end of terrace house in Great Linford. Our aim is to convert the garage to an office at the house.Will the conveyancing process involve checks to ascertain if these works are allowed?
Your conveyancer will review the deeds as conveyancing in Great Linford will occasionally reveal restrictions in the title documents which prohibit certain works or need the consent of a 3rd party. Certain extensions need local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
I had a mortgage agreed in principle with Yorkshire BS. Great Linford conveyancing practitioners have been instructed. How long does it take for Yorkshire BS to issue the offer to the lawyer?
There is no definitive answer here. Have Yorkshire BS done the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Great Linford. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
Given that you are obtaining a mortgage with Virgin Money your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook includes minimum conditions for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease fails to comply with these provisions. The specifications relate to the installation of panels on properties in England and Wales and is not restricted to Great Linford.
It has been four months since my purchase conveyancing in Great Linford completed. 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.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, no chain conveyancing. Great Linford is where the house is located. Can you offer any assistance?
Flying freeholds in Great Linford are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Great Linford you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Linford may determine 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 residence.
I have been advised by numerous property agents in Great Linford to choose a conveyancer on your site. What’s the financial incentive for Estate Agents to promote your services over and above a competitor’s?
We don’t offer any commission for directing people to this site. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.