We have agreed to purchase a house in Leamington Spa. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
Given that your lender is Coventry BS your lawyer must follow the formal requirements set out in Section two of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Coventry BS where a lease does not comply with these conditions. The requirements relate to the installation of panels on properties nationwide and is not restricted to Leamington Spa.
I recently had an offer accepted on a house in Leamington Spa. My mortgage broker recommended their conveyancers. I paid an advanced payment of £150. Soon after, the conveyancer called me to say that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have finally had an offer on a maisonette in Leamington Spa agreed to, but there is a chain. The owners have placed an offer on on an apartment, but it’s not been accepted yet, and have viewings of other flats in the pipeline. I have chosen a high street conveyancing solicitor in Leamington Spa. What do I do now? When do I get the mortgage application with Nottingham going?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is approx £1k, then survey, Leamington Spa conveyancing search charges, etc). First, you must check that your conveyancing practitioner is on the Nottingham approved list. Regarding the subsequent phase this very much dictated by the specifics of your transaction, desire for the property and on the state of the market. In a rising market the majority of purchasers will apply for a home loan with Nottingham and arrange for the valuation and only if it was satisfactory would they pay their solicitor to move forward with the conveyancing in Leamington Spa.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Leamington Spa for a purchase of a leasehold apartment 10 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the property is in your name, 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 Leamington Spa conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Leamington Spa. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Leamington Spa
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the advice of my in-laws I had a survey completed on a property in Leamington Spa in advance of appointing solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not issue a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leamington Spa. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Leamington Spa to see if the conveyancing costs will increase in light of this.
Is it best to appoint a Leamington Spa conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can carry out the conveyancing but his firm is located a couple of hundredmiles drive away.
The primary upside of using a high street Leamington Spa conveyancing practice is that you can attend the office to sign paperwork, hand in your ID and pester them where appropriate. They will also have local insight which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were content that should trump using an unfamiliar Leamington Spa conveyancing solicitor just because they are local.
How and when do I pay the Stamp Duty Land Tax payable for my Leamington Spa flat purchase?
The majority of lawyers tend to fill out a stamp duty return on your behalf during your Leamington Spa purchase transaction for you to sign. After completion your conveyancer will submit your STL application to the Inland Revenue and - assuming they have the money - settle any tax bill payable on your behalf.