Me and my partner are soon to complete buying a house in Lichfield but as a consequence of damage from a small fire at the property I have was able negotiate recompense from the vendor in the sum of three thousand pounds in the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process however Nottingham are not allowing this. Should they have been involved?
Your conveyancing practitioner being on the Nottingham approved list is obliged to advise Nottingham of any amendments to the sale price. If you prohibit your lawyer to notify the price change to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new property lawyer for your conveyancing in Lichfield.
Having sold my house in Lichfield last October but my buyer keeps whats apping me complaining that her lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your house sale your solicitor is obliged to forward the transfer deeds and all of the paperwork to the buyer’s solicitors. Where appropriate, your lawyer should also evidence that the mortgage has been paid off to the buyers conveyancers. There are no post completion requirements peculiar conveyancing in Lichfield.
What is the optimum way to find out if the solicitor conducting my conveyancing in Lichfield is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £175.00 in another set of conveyancing invoice.
Please do make use of the search tool on this web page. Pick the mortgage company and type ‘Lichfield’ or your location and you will be presented with a number of lawyer located in Lichfield or nearest you.
Two weeks ago we had a mortgage agreed in principle with Virgin Money. Lichfield conveyancing practitioners were appointed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money conducted the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have paid off my mortgage with TSB. I assume I don't need a Lichfield lawyer on the TSB panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
RBS have agreed my home loan in principle, my bid on a property in Lichfield has been agreed to, what are the next steps?
The estate agent will need to know who your solicitors are (make sure the lawyers are on the lender’s approved list). Contact RBS or the broker and finish off any outstanding paperwork. RBS will appoint a valuer who will get in contact with the estate agent or vendor to book an appointment. Once carried out (assuming no problems) it takes on average a week for the mortgage offer to be issued. RBS will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lichfield.
I have been on the look out for a flat up to £195,000 and identified one near me in Lichfield I like with a park and station nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Lichfield for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage that many years will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
Online reading suggests that Lichfield solicitors are more costly than licensed conveyancers in Lichfield when it comes to buying a house. Am I better off using a conveyancer or a solicitor if I am purchasing a property in Lichfield.
When it comes to conveyancing in Lichfield the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.