I'm the single recipient of my late mum's estate with all property in now in my sole name, including the house in Hayle. The Hayle property was put into my name in November. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship will be treated the same way as though I had purchased the house in November. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. Most lenders would take a practical view as this provision primarily exists to identify the purchase and immediately sell or the wholesaling and assigning of properties.
We have agreed to purchase a house in Hayle. A rare aspect is that the roof has a solar panel. RBS 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 RBS your lawyer must check the formal instructions contained in Section two of UK Finance Lenders’ Handbook for RBS. The CML Handbook contains minimum conditions for solar panel roof-space leases, and solicitors are required to report to RBS where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties countrywide and is not isolated to Hayle.
Skipton have agreed my home loan in principle, my offer on a apartment in Hayle has been accepted, now what?
The property agent will wish to be advised as to your property lawyer's details (ensure that the solicitors are on the lender’s panel). Contact Skipton or the broker and finalise any relevant documentation. Skipton will appoint a valuer who will get in contact with the estate agent or seller to arrange a time for the valuation to occur. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Skipton will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Hayle.
I require quick conveyancing in Hayle as I have pressure to exchange contracts within 4 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not getting a home loan you have the choice not to have searches carried out although no conveyancer would suggest that you don't. With plenty of history conveyancing in Hayle the following are examples of what can be revealed and adversely affect future mortgageability: Enforcement Actions, Outstanding Charges, Overdue Grants, Unadopted Roads,...
I have todaybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Hayle for a purchase of a freehold house 9 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The easiest way to see if the property is registered to you, you can carry out 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 Hayle conveyancing specialists.
I opted to have a survey completed on a house in Hayle before instructing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may not give a loan on a flying freehold house.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hayle. Conveyancing may be slightly more expensive based on your lender's requirements.
In what way can the Landlord & Tenant Act 1954 affect my commercial offices in Hayle and how can your lawyers assist?
The particular law that you refer to gives protection to commercial lessees, giving them the a statutory right to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Hayle
We're first time buyers - agreed a price, but the selling agent told us that the vendor will only move forward if we instruct the agent's preferred lawyers as they are insisting on an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Hayle
We suspect that the owner is unaware of this request. If they want ‘a quick sale', alienating a genuine purchaser is counter productive. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you intend to instruct your preferred Hayle conveyancing lawyers - rather thanthe ones that will earn the estate agent a introducer fee or hit his conveyancing thresholds pre-set by HQ.