My fiance and I are purchasing a leasehold flat in Nettleham. My Conveyancer has never been on on the lender solicitor list. Am I still permitted to appoint my Nettleham conveyancing solicitor notwithstanding that they are excluded from the mortgage company approved list?
You will need to appoint a lawyer to complete the legal work required if you take out a loan to buy your home. The lawyer will conduct all the necessary legal checks on the property, make sure that you will be registered as proprietor and ensure that all the required mortgage paperwork is dealt with. One could instruct a Nettleham conveyancer of your choice. Nevertheless, if the lawyer appointed is not on the bank approved list further fees will arise as separate legal representation will be required by them. Bank panel applications may be submitted, so where your solicitor has not previously applied for membership they should take the chance to apply.
three months have elapsed following my purchase conveyancing in Nettleham completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Nettleham. Conveyancing is daunting 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 conveyancing.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Nettleham
-
The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Nettleham is where the house is located. What do you suggest?
Flying freeholds in Nettleham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Nettleham you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Nettleham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm remortgaging my existing house to a BTL loan with Birmingham Midshires and I will use the ballance of the raised equity towards another property. The area we are looking at is Nettleham. Will your solicitors be able to act for the two banks and tie in the two deals?
Do use our search tool on this page to ensure that the conveyancers are on the relevant lender panels. Having checked that they are your conveyancer will be able to tie up the two transactions but you should talk with you solicitor and communicate your desired outcome and requirements.
In my capacity as executor for the estate of my father I am disposing of a house in Monmouth but reside in Nettleham. My solicitor (who is 200 miles awayrequires that I execute a statutory declaration before completion. Can you recommend a conveyancing lawyer in Nettleham who can attest this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Nettleham based