Me and my partner are buying residence in Little Hampton. My Conveyancer is not listed on the lender approved panel. Am I still permitted to retain my Little Hampton conveyancing solicitor notwithstanding that they are not on the lender panel?
Your options include
- Complete the deal with your chosen Little Hampton solicitor but your mortgage company will no doubt use a conveyancer from their conveyancing panel. This will result in additional fees together with probable frustration.
- Choose a fresh property lawyer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your conveyancer to attempt to join the mortgage company panel
My solicitor has uncovered a a problem with the lease for the property we are purchasing in Little Hampton. The other side have put forward title insurance as a solution. We are happy with insurance and will cover the costs. Our solicitor has advised that he must be satisfied that the mortgage company is content with this solution. Are we the client or is the mortgage company ?
Regardless of the fact that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender provisions must be adhered to.
I am purchasing a property in Little Hampton. A rare aspect is that the roof has a solar panel. HSBC have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with HSBC your lawyer must comply with the formal instructions outlined in Part two of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancers are required to report to HSBC where a lease fails to comply with these specifications. The provisions relate to the installation of panels on properties nationwide and is not restricted to Little Hampton.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a Little Hampton solicitor on the Leeds Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Leeds Building Society 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 Leeds Building Society mortgage from the register. Leeds Building Society, 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 Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
I am selling my apartment. I had a double glazing fitted in October 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Lloyds are being pedantic. The Little Hampton solicitor who is on the Lloyds conveyancing panel is saying indemnity insurance will be fine but Lloyds are insisting on a building regulation certificate. Why do Lloyds have a conveyancing panel if they don't accept advice from them?
It is probably the case that Lloyds have referred the matter to their valuer. The reason why Lloyds may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
The estate agent has sent us the confirmation of our purchase of a new build flat in Little Hampton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Little Hampton
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I am looking to sell my house. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Little Hampton if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Little Hampton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am purchasing a flat and cash is in place. I have provided conveyancer with 2 distinct forms of photographic identification, bank statement, multiple utility bills. Now he needs a copy from a probate lawyer acknowledging that the money is legitimate and that it has come from inheritance and not selling fake watches.
In today’s world you will not be able to complete any Little Hampton conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.