I am expecting a mortgage with Halifax. I intend to employ the services of a Licensed Conveyancer in Leaves Green. Does the Halifax Solicitor panel allow for Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
The Leaves Green conveyancing firm handling our Leaves Green conveyancing has spotted a discrepancy between the information in the valuation survey and what is in the conveyancing documents. My lawyer informs me that he is duty bound to check that the lender is happy with this discrepancy and is content to go ahead. Is my solicitor’s approach appropriate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
It is a dozen years since I bought my house in Leaves Green. Conveyancing lawyers have now been instructed on the sale but I can't track down the title documents. Is this a problem?
You need not be too concerned. First the deeds may be with your mortgage company or they may still be with the lawyers who handled the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Leaves Green relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
My wife and I purchased a terraced Georgian property in Leaves Green. Conveyancing lawyer represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leaves Green and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with the conveyancing solicitor who conducted the conveyancing.
I am looking for a leasehold apartment up to £245,000 and identified one near me in Leaves Green I like with amenity areas and transport links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Leaves Green suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
My father has suggested that I use his conveyancing solicitors in Leaves Green. Do I take his advice?
Much as we are happy to recommend a Leaves Green conveyancing lawyer it’s preferable to choose a conveyancing solicitor is to seek guidance from friends or relatives who have used the conveyancer that you are are thinking of instructing.