My husband and I are intent on purchasing a ground floor flat in Moulton. My property lawyer has never been on on the bank solicitor panel. Is it possible for me to appoint my Moulton conveyancing solicitor even though they are excluded from the bank list of approved lawyers?
Various options include
- Complete the deal with your chosen Moulton conveyancing practitioner but your bank will undoubtedly retain a conveyancing practitioner from their approved panel. The net result is additional charges and likely interruption.
- Appoint a new lawyer to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Convince your conveyancer to apply to join the bank panel
A colleague advised me that in buying a property in Moulton there may be various restrictions preventing external changes to the property. Is this right?
There are a number of properties in Moulton which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Moulton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
After shopping around on the internet I have found a Moulton lawyer having checked that they are on the Barclays conveyancing panel. Does my lawyer arrange the survey of the property?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Moulton postcode. As you are getting a mortgage with Barclays, you could contact them to see if they have a list of approved surveyors in Moulton.
Leeds Building Society have agreed my home loan in principle, my bid on a house in Moulton has been agreed to, now what?
The property agent will wish to be informed of your lawyer's details (make sure the solicitors are on the bank’s approved list). Telephone Leeds Building Society or the broker and finalise any appropriate forms. Leeds Building Society will sellect a valuer who will get in contact with the selling agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes on average ten days to receive the mortgage offer. Leeds Building Society will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Moulton.
It has been 2 months following my purchase conveyancing in Moulton took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build flat in Moulton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Moulton
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have been on the look out for a flat up to £305k and found one close by in Moulton I like with a park and station in the vicinity, however it's only got 61 remaining years left on the lease. There is not much else in Moulton suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the shortness of the lease may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am downsizing from my property. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in Moulton if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Moulton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.