Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Moor Row so that I can attend their offices when needed.
Whereas this was necessary 12 years ago, almost all lenders no longer oblige their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to hand over ID documents and there are still manifest benefits to choosing a locally based practitioner, in your situation a conveyancing solicitor in Moor Row.
My partner and I have arranged the release of further funds on our mortgage from TSB as we want to conduct renovations to our house in Moor Row. Do we need to choose a bricks and mortar Moor Row solicitor on the TSB conveyancing panel to handle the legals?
TSB would not normally require firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB list.
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Moor Row solicitor on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS 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 Coventry BS mortgage from the register. Coventry BS, 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 Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
Our offer on a detached house in Moor Row has been agreed to, the vendors do nevertheless have an associated purchase. The sellers have placed an offer on on an apartment, but it’s not yet agreed to, and are looking at other apartments in the pipeline. I have instructed a bricks and mortar conveyancing solicitor in Moor Row. What do I do now? When do I get the mortgage application with HSBC started?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Moor Row conveyancing search fees, etc). First, you must ensure that your solicitor is on the HSBC conveyancing panel. Concerning the next steps this very much depends on the specifics of your case, attraction to the property and on the state of the market. During a buoyant market many buyers would apply for the mortgage with HSBC and pay for the valuation and only if it was satisfactory would they request their conveyancing practitioner to press on with searches.
My wife and I are planning on selling our home in Moor Row and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Moor Row conveyancer would know that there is no such problem. It does beg the question why the purchasers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Moor Row. Having lived in Moor Row for 5 years we know that this is a non issue. Do we get in touch with our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I have todayfound out that Stirling Law have been shut down. They conducted my conveyancing in Moor Row for a purchase of a freehold house 10 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The quickest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Moor Row conveyancing specialists.
How does conveyancing in Moor Row differ for newly converted properties?
Most buyers of new build residence in Moor Row contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Moor Row typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Moor Row or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Moor Row ahead of retaining lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies will not give a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Moor Row. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Moor Row to see if the conveyancing will be more expensive.