I am hoping to receive a mortgage with Santander. I hope to instruct a Licensed Conveyancer in Northop. Does the Santander Solicitor panel include Licensed Conveyancers?
The Santander 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.
It is a dozen years since I purchased my house in Northop. Conveyancing solicitors have now been instructed on the sale but I am unable to locate my title deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by your mortgage company or they may be in the possession of the solicitor who oversaw your purchase. Secondly in all probability the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Northop relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
I am about to put an offer on a leasehold property in Northop. The selling agents advise that it is standard for flats in Northop to have less than 75 years unexpired on the lease. I am getting a mortgage with Bank of Ireland. Will the property be mortgageable given that the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/2/2026 the requirements read as follows :
What is the difference between a licensed conveyancer and conveyancing solicitor in Northop
Two types of professional can carry out conveyancing in Northop namely CLC regulated conveyancers or solicitors. The two can administer the legal services that required to complete the disposal or acquisition of property. Both are duty bound to perform Northop conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly conducted and that the necessary procedures should be appropriately adhered to.
I am the single recipient of my late mum's will with all property in now in my sole name, including the house in Northop. Conveyancing formalities meant that the Land Registry date was in December. I now wish to sell up. I do know about the CML 6 month 'rule', meaning my proprietorship will be treated the same way as though I had purchased the property in December. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How practical a view banks take of it, depend on the mortgage company as this clause principally exists to identify the purchase and immediately sell or the flipping of properties.
Planning on purchasing a maisonette in Northop. 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 Bank of Ireland 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 Northop conveyancing practitioner is on the Bank of Ireland conveyancing panel.
Am I better off to go with a Northop conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can perform the legal formalities however his firm is located 300miles away.
The primary upside of using a high street Northop conveyancing firm is that you can attend the office to sign documents, present your ID and pester them where appropriate. They will also have local insight which is a plus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were impressed that should outweigh using an unfamiliar Northop conveyancing solicitor just because they are Northop based.
I am looking at a two apartments in Northop both have about 50 years unexpired on the leases. Will this present a problem?
There are plenty of short leases in Northop. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease gets shorter the saleability of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is generally wise to increase the term of the lease. It is often difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
Northop Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
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The prefered form of lease arrangement is a share of the freehold. In this situation the lessees enjoy control and although a managing agent is usually retained if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. If a Northop lease has less than eighty years it will have adverse implications on the value of the property. Check with your bank that they are content with the length of the lease. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth discovering how much this would cost. Remember, in most cases you will be be obliged to have been the owner of the property for a couple of years before you are entitled to exercise a lease extension. What is the yearly maintenance fee and ground rent?