Can you point me to a directory of Coventry BS panel conveyancers in Penyffordd on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings viewable over the internet. Where you are seeking to appoint a Penyffordd conveyancer on the Coventry BS please make the most of our tool.
I have paid off my mortgage with Clydesdale. I assume I don't need a Penyffordd lawyer on the Clydesdale panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Clydesdale 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 Clydesdale mortgage from the register. Clydesdale, 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 Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I have a mortgage with Bank of Ireland for my property in Penyffordd. Conveyancing was finalised months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?
You must advise Bank of Ireland in advance of letting out your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. It may be that Bank of Ireland 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 Bank of Ireland directly. You need not do this via a Bank of Ireland conveyancing panel firm.
My wife and I are close to exchanging contracts on the sale of our home in Penyffordd and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A high street Penyffordd lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing outfit as opposed to a conveyancing solicitor in Penyffordd. Having lived in Penyffordd for 4 years we know of no issue. Should we get in touch with our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I have justbecome aware that Stirling Law have closed. They conducted my conveyancing in Penyffordd for a purchase of a leasehold apartment 9 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest way to check if the premises 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 Penyffordd conveyancing specialists.
I am looking for a flat up to £245,000 and found one close by in Penyffordd I like with open areas and railway links nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Penyffordd suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage that many years will be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
How easy is it to switch solicitor as I have to select one who is on the Platform Home Loans Ltd conveyancing list. I was using a high street conveyancing solicitor in Penyffordd round the corner but she is not accepted by Platform Home Loans Ltd
We will our best to assist in finding you a conveyancing solicitor in Penyffordd on the Platform Home Loans Ltd panel. Please note that the law firms that we work with do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Penyffordd. In making use of the find a conveyancing solicitor tool on this site, you can contrast costs for conveyancing solicitors in Penyffordd and beyond.
I am due to review costs for conveyancing in Penyffordd from various solicitor and decide on one. Should I instruct them to hold tight until I have found somewhere to acquire.
You should wait to get your conveyancer to start work and submit searches once the offer has been accepted on the property especially as Penyffordd conveyancing searches are a couple of hundred pounds.