My IFA has asked me for my Mold lawyer’ panel reference for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have called my local Mold branch but they cant find it on their system.
The sensible thing to do is ask for this information from your Mold conveyancing practitioner . They keep a central record lender panel numbers.
We are planning to buy with Coventry BS. We have called around locally but am unable to find a Mold conveyancing firm on the Coventry BS approved list. Could you help?
Feel free to make the most of the find a conveyancing panel solicitor tool on this page. Pick the lender and type Mold or your location and you will see numerous conveyancers located in Mold or by proximity to you.
A colleague suggested that where I am purchasing in Mold I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Mold conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Mold around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Mold Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Mold Education with maps and statistics, Local Amenities and other useful data about Mold.
I purchased a renovated Victorian house in Mold. Conveyancing practitioner represented me and Bank of Scotland. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the matching address. Is it worth asking Bank of Scotland 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Mold 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 question the position with your conveyancing practitioner who conducted the purchase.
Due to the guidance of my in-laws I had a survey completed on a house in Mold ahead of appointing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks will refuse to give a loan on such a premises.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Mold. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Mold to see if the conveyancing costs will increase in light of this.
I've recently bought a leasehold house in Mold. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Mold Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing
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Does the lease contain onerous restrictions? Be sure to investigate if the the lease includes any unreasonable restrictions in the lease. For example it is fairly common in Mold leases that pets are not permitted in certain buildings in Mold. If you love the apartmentin Mold but your dog is not allowed to move with you then you will be presented with a difficult choice. This information is helpful as a) areas can result in problems in the building as the common areas may begin to deteriorate where repairs remain unpaid b) if the leasehold owners have an issue with the managing agents you will need to know about it