My wife and I have recently appointed a conveyancing solicitor in Newcastle under Lyme. I I am struggling to find out whether they are on the Coventry Building Society approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is contact the lawyer and ask them if they can act for the bank. Otherwise you can get in touch with Coventry Building Society who may be able to assist.
I had a mortgage agreed in principle with HSBC. Newcastle under Lyme conveyancing practitioners were appointed. How long does it take for HSBC to forward the offer to the solicitor?
Some lenders take longer than others. Have HSBC conducted the valuation? Have you advised HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Newcastle under Lyme solicitor on the UBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
Having digested plenty of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Newcastle under Lyme solicitor - who is on the Co-operative conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Co-operative will need an independent valuation of the property. Your lawyer will not arrange this. Usually Co-operative 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. You may wish to consider appointing your own Newcastle under Lyme surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have been told that property searches are the number one cause of delay in Newcastle under Lyme house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Newcastle under Lyme.
I have justfound out that Action Conveyancing have closed. They conducted my conveyancing in Newcastle under Lyme for a purchase of a leasehold flat 9 months ago. How can I check that my home is in my name in the name of the former proprietor?
The easiest method to see if the property is in your name, 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 Newcastle under Lyme conveyancing specialists.
How does conveyancing in Newcastle under Lyme differ for newly converted properties?
Most buyers of new build premises in Newcastle under Lyme come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is completed. This is because developers in Newcastle under Lyme tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Newcastle under Lyme or who has acted in the same development.
Are there any apps to assist me to identify a Newcastle under Lyme law firm on the HSBC Bank conveyancing panel? I have a car and am willing to travel upto 10miles to meet the solicitor.
You can use the facility on this page. Please choose the lender and your location and you will see a number of Newcastle under Lyme conveyancing lawyers locally. We have listed some Newcastle under Lyme conveyancing firms towards the end of this page and you can contact them to check if they are on the HSBC Bank member panel