Me and my fiance are acquiring a ground floor flat in New Invention. My property lawyer is not on the mortgage company solicitor panel. Is it possible for me to use my New Invention conveyancing solicitor notwithstanding that they are excluded from the lender approved list?
You have a couple of choices available to you here
- Proceed with your preferred New Invention property lawyer but your mortgage company will undoubtedly appoint a solicitor from their approved list. This will result in additional cost and potential interruption.
- Choose a new property lawyer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your lawyer to pull out all the stops to join the lender’s conveyancing panel
Can I use your services to locate a Conveyancing solicitor in New Invention even where I’m not purchasing or disposing of a house, for example where I intend to acquire a shop in New Invention with a loan from Lloyds TSB Bank?
Our comparison service is predominantly used to locate domestic conveyancing solicitors in New Invention but we have set out towards the bottom of this page a selection of New Invention commercial conveyancing firms. You will need to enquire with the company directly to check if they are also authorised to represent Lloyds TSB Bank
I am purchasing a detached bungalow in New Invention. We would like to carry out an extension to the side at the house.Will the conveyancing process involve enquiries to determine if these alterations are prohibited?
Your property lawyer will review the registered title as conveyancing in New Invention will sometimes identify restrictions in the title deeds which prohibit categories of works or necessitated the consent of a 3rd party. Many additions call for local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I have decided to exercise my right to buy my property in New Invention off the council. I have a mortgage agreed with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
The mortgage over my property is with Virgin Money for my property in New Invention. Conveyancing was finalised a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Virgin Money?
You must advise Virgin Money in advance of letting out your property as this is likely to be a breach of Virgin Money’s mortgage conditions. It may be that Virgin Money will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Virgin Money directly. It should not be necessary to do this via a Virgin Money conveyancing panel lawyer.
I got the keys to my flat on 10 April and my personal details are still not registered. Should I be concerned? My conveyancing solicitor in New Invention said it would be registered in less than a month. Are titles in New Invention uniquely lengthy to register?
There is nothing unique about conveyancing in New Invention registration formalities. As opposed to being determined by geographic area, timescales can adjust subject to who lodges the application, whether there are errors and if the Land registry have to notify any interested persons or bodies. At present roughly 80% of such applications are fully addressed within two weeks but occasionally there can be longer delays. Historically registration occurs after the new owner is living at the premises thus 'speed' is not usually top priority yet where it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
I am buying a new build flat in New Invention. 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 conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in New Invention
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I am downsizing from my property. My previous solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in New Invention if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in New Invention. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.