Is there a reason why leasehold purchase conveyancing in Litherland costs more?
Litherland leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My brother-in-law has suggested I instruct a conveyancing solicitor in Litherland. I I would like to check whether they are on the Godiva Mortgages Ltd conveyancing panel. Can you assist?
The first thing you should do is call your solicitor and enquire whether they are on the lender panel. Alternatively you can call Godiva Mortgages Ltd who may be able to help.
This question may be naive but I am new to the process as a first time purchaser of a garden flat in Litherland. Do I receive the keys to the house on completion from my conveyancer? If this is the case, I will instruct a High Street conveyancing solicitor in Litherland?
On the day of completion you will not be required to attend the conveyancers office in Litherland. Your solicitors will transfer the completion advance to the owner’s conveyancers, and shortly after the monies have arrived, you should be invited to pick up the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
We have agreed to purchase a house in Litherland. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
Given that you are obtaining a mortgage with Clydesdale your lawyer must comply with the conveyancing instructions set out in Part 2 of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and solicitors are required to report to Clydesdale where a lease fails to comply with these conditions. The specifications relate to the installation of panels on properties nationwide and is not isolated to Litherland.
I have paid off my mortgage with Aldermore. I assume I don't need a Litherland conveyancer on the Aldermore panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Aldermore 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 Aldermore mortgage from the register. Aldermore, 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 Aldermore has sent the Land Registry the discharge electronically, and
- Aldermore has instructed the Land Registry to do so
A relative recommended that if I am purchasing in Litherland I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Litherland conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Litherland around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Litherland.
My wife and I own a 4 bedroom Georgian property in Litherland. Conveyancing lawyer represented me and Barclays . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the matching property. 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Litherland and other locations in 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 purchasers. You can also check the situation with your conveyancing lawyer who conducted the work.
How does conveyancing in Litherland differ for newly converted properties?
Most buyers of new build property in Litherland approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Litherland tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Litherland or who has acted in the same development.