How up to date is your search tool for Loughborough conveyancing solicitors on the Nottingham conveyancing panel? Do Nottingham send you an updated list?
Loughborough conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
Are the BSA intent on creating a online directory to list law firms on the Loughborough BS conveyancing panel for example in Loughborough?
We are not aware of any plans on the part of the BSA to promote such a tool.
Is it the case that all Loughborough solicitor practices on the Aldermore conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Aldermore conveyancing panel they would need to be governed by the SRA. Many mortgage companies do permit licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
We have agreed to purchase a house in Loughborough. A rare aspect is that the roof has a solar panel. Santander have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Santander your lawyer must check the conveyancing requirements outlined in Section two of UK Finance Lenders’ Handbook for Santander. The Council of Mortgage Lenders’ Handbook stipulates minimum requirements for solar panel roof-space leases, and lawyers are required to report to Santander where a lease does not satisfy these conditions. The specifications relate to the installation of panels on properties countrywide and is not limited to Loughborough.
About to purchase flat in Loughborough. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Loughborough property lawyer is on the Barclays conveyancing panel.
My wife and I purchased a semi-detached Edwardian house in Loughborough. Conveyancing solicitor acted for me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You should read 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 Loughborough and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing lawyer who conducted the purchase.
Due to the guidance of my in-laws I had a survey completed on a property in Loughborough ahead of instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor advised that some banks may refuse to give a mortgage on such a house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Loughborough. Conveyancing may be slightly more expensive based on your lender's requirements.
I am selling my house. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Loughborough if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Loughborough. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.