My husband and I are purchasing a 3 bedroom flat in Leigh with a mortgage. We like our Leigh solicitor, but the bank says he's not on their "panel". It appears that we have no option but to instruct one of the lender panel solicitors or keep our Leigh lawyer as well as pay for one of their panel lawyers to act for them. We regard this is unjust; are we not able to require that the lender use our Leigh lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Leigh conveyancing lawyer to apply to be on the conveyancing panel.
My uncle passed away six months ago and as sole heir and executor I was left the house in Leigh. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this possible?
Where you intend to refinance then UBS will require that you use a conveyancer on the UBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your UBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the UBS mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Leigh?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Leigh. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build flat in Leigh. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Leigh
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There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
My cousin has suggested that I instruct his conveyancers in Leigh. Should I choose my own property lawyer?
There are no two ways about it the ideal way to find a conveyancing lawyer is to have referrals from friends or family who have actually used the solicitor that you are contemplating using.
I have just started marketing my basement apartment in Leigh. Conveyancing lawyers have not yet been instructed, but I have recently had a quarterly maintenance charge invoice – Do I pay up?
It best that you pay the invoice as usual because all rents and service invoices should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leigh Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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Best to be warned if changing the roof or some other major work is due in the near future to be shared by the leasehold owners and will materially impact the level of the service fees or require a specific invoice. Does this lease have more than 85 years unexpired? Please inform me if there are any major works in the near future that could increase the service fees?