I am purchasing residence in Melling. My property lawyer is not on the mortgage company conveyancing list. Is it possible for me to continue with my Melling conveyancing solicitor notwithstanding that they are not on the bank approved list?
You have a couple of alternatives open to you here
- Complete the deal with your chosen Melling conveyancer but your mortgage company will need to appoint a lawyer on their approved list. This will result in additional cost together with potential frustration.
- Appoint a new solicitor to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to seek to join the lender panel
Completed the sale of my flat in Melling last December yet the purchaser is calling me to say their conveyancer needs to hear from mine. What should have happened following completion?
Following your disposal your lawyer is obliged to deliver the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also evidence that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There are no post completion formalities just for conveyancing in Melling.
Having invested time researching consumer advice sites for a high-quality solicitor in Melling, many post that I must instruct a CQS accredited lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home moving process, trusted by some of the UK's leading lenders. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). CQS is not a scheme offered by the Council of Licensed Conveyancing. Melling is one of the numerous areas in England and Wales where there are Accredited lawyers.
My wife and I own a renovated Victorian property in Melling. Conveyancing lawyer acted for me and Virgin Money. I did a free Land Registry search last week and I saw 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 read the Freehold register you have again and check the Charges Register as there may be 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 Melling and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing solicitor who carried out the work.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Melling is the location of the property. Can you offer any guidance?
Flying freeholds in Melling are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Melling you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Melling may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I'm refinancing my current property to a buy to let loan with Aldermore and intend to use the remaining equity as a deposit on a second house. The location we are talking about is Melling. Will your solicitors be able to act for both sets of lenders and link together the two deals?
Make use of our comparison tool on this site to check that the lawyers are approved by both mortgage companies. Assuming that they are your conveyancer will be able to connect the two conveyancing matters but you should talk with you lawyer and specify your expectations and requirements.