Much to our surprise we have been informed by our mortgage adviser that my Moreton the law firm I have appointed is not on the bank Solicitor panel. How can I be sure if this is correct?
Your first step should be to call your Moreton conveyancer. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they may recommend you to a Moreton conveyancing firm that is on the approved list of lawyers for your mortgage company.
We wanted to use a conveyancing solicitor in Moreton for our house move. Our broker has since advised us that our mortgage lenders Lloyds TSB Bank won't deal with them. Why is this not regarded as unfair competition?
A lender may insist on an approved conveyancer act for it. Borrowers are liable to meet the cost of this. Try using our tool to locate a solicitor to conduct conveyancing in Moreton on the Lloyds TSB Bank approved list of solicitors.
I am helping my mother sell her flat in Moreton. Does the conveyancing solicitor commission an energy assessment or it is for me to coordinate?
Following the demise of HIPs, energy assessments was kept a mandatory part of selling a house. An energy assessment needs to be to hand prior to the property being put on the market. It is not something that solicitors ordinarily organise. If you are instructing a Moreton conveyancing practitioner they may help arrange energy assessments due to their relationships with long established local providers
Have just purchased a probate house at auction in Moreton. Conveyancing is needed. What is next?
Now that you have exchanged you must hire the services of a conveyancing solicitor quickly as you will have a fast approaching a drop dead date to complete the purchase. Every auction property will ordinarily have a bespoke auction pack. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You must hand this to the lawyer instructed by you ASAP. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
I am currently in the process of buying my council flat in Moreton. I have a mortgage agreed with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
We are purchasing a property and the solicitor has referenced Chancel Repair for which the house may be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this really warranted for conveyancing in Moreton
Unless a prior purchase of the house took place post 12 October 2013 you may take it that lawyers carrying out conveyancing in Moreton to continue to advocate a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly identified during conveyancing in Moreton?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Moreton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a leasehold apartment up to £305k and found one near me in Moreton I like with open areas and station in the vicinity, however it's only got 61 remaining years left on the lease. I can't really find anything else in Moreton suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.