We opted for a local firm for our conveyancing in Mevagissey last week. Going through the Terms I seeI am responsible for charges even if the movedoes not happen. Should I go with them or instruct an on-line conveyancing company promoting no move no charge conveyancing in Mevagissey?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the fee levels will tend to be be higher to neutralise those cases that do not proceed. Also remember that such promotions tend not to cover expenses for example Mevagissey conveyancing search charges.
We were just about to exchange contracts for a leasehold flat in Mevagissey. We encountered a stumbling block. The loan offer with Birmingham Midshires expires on 17/11/2025 but the owners are putting forward a completion date of 19/11/2025. Can one prolong the mortgage expiry date?
The person best placed to deal with your concern is your solicitors who will determine if he or she is corresponding with the lender, owner’s representatives, property agents or indeed all parties taking into account what has happend in your house move to date.
Finally the sale completed on my house in Mevagissey last October yet the purchaser is e-mailing me to say their conveyancer is waiting to hear from mine. What are the post completion sale legalities following completion?
Post completion of your house sale your solicitor should send the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where relevant, your lawyer should also confirm that the mortgage has been discharged to the buyers solicitors. There are no post completion procedures specific conveyancing in Mevagissey.
When it comes to mortgage companies such as Virgin Money, do Mevagissey conveyancers incur a yearly amount to be on the conveyancing panel?
We are not aware of any lender fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We have agreed to purchase a house in Mevagissey. One unusual aspect is that the roof has a solar panel. Bank of Ireland 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 your lender is Bank of Ireland your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Bank of Ireland. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Bank of Ireland where a lease fails to comply with these provisions. The specifications relate to the installation of panels on properties countrywide and is not restricted to Mevagissey.
I have decided to exercise my right to buy my property in Mevagissey off the council. I have a mortgage offer with Kent Reliance. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
I require quick conveyancing in Mevagissey as I have pressure to exchange contracts in less than one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a cash buyer you are at free not to have searches carried out although no law firm would suggest that you don't. With lots of history conveyancing in Mevagissey the following are examples of issues that can appear and therefore impact the marketability of the property: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
Me and my brother purchased a renovated Edwardian house in Mevagissey. Conveyancing solicitor represented me and Lloyds TSB Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching property. Is it worth asking Lloyds TSB Bank to clarify?
You need to 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 Mevagissey and other areas of 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 lenders. You can also question the position with the conveyancing practitioner who completed the work.