I am expecting a mortgage with Nat West. My intention is to use a Licensed Conveyancer in Mortimer. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My partner and I are refinancing our maisonette in Mortimer with Principality. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the property is repossessed. I have a couple of questions (1) Is this form unique to the Principality conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this giving up his rights to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Principality. This is solely used to protect Principality if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Principality had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
We hope to to purchase with Earl Shilton BS. I dropped in 3 or 4 local firms yet am struggling to find a Mortimer conveyancing firm on the Earl Shilton BS approved list. Can you help?
You should make use of the search tool on this page. Pick the mortgage company and type Mortimer or your location and you will be presented with a number of lawyer based in Mortimer or near you.
We had appointed conveyancing lawyers located in Mortimer on the Leeds Building Society solicitor approved list. They are now charging me a separate amount for the legal aspects of the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your property lawyer may charge a fee for this. The charge is not dictated by Leeds Building Society but by your Mortimer property lawyer. Plenty of firms on the Leeds Building Society panel will quote ’dealing with mortgage’ fee but many practices incorporate it on their overall fee.
I am buying a property in Mortimer. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As your lender is HSBC your lawyer must comply with the conveyancing requirements outlined in Part 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum specifications for solar panel roof-space leases, and property lawyers are required to report to HSBC where a lease fails to satisfy these provisions. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Mortimer.
Planning on purchasing a flat in Mortimer. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Mortimer conveyancing practitioner is on the RBS conveyancing panel.
I have recentlydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Mortimer for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest way to check if the premises 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 Mortimer conveyancing specialists.
About to purchase a new build apartment in Mortimer. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Mortimer
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.