Last month we had a mortgage agreed in principle with Nottingham. Perton conveyancing solicitors are selected. What is the average time that one could expect to receive a mortgage offer from Nottingham?
There is no definitive answer here. Have Nottingham done the valuation? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We were going to get a DIP from Skipton this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Skipton recommend any Perton solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Perton solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
I have a mortgage with Kent Reliance for my property in Perton. Conveyancing was finalised months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Kent Reliance?
Kent Reliance must be informed of your intention before renting your property as this is likely to be a breach of Kent Reliance’s mortgage conditions. It may be that Kent Reliance will allow you to rent 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 Kent Reliance directly. It should not be necessary to do this via a Kent Reliance conveyancing panel solicitor.
We are purchasing a house and the lawyer has raised the issue of Chancel Repair to which the house could be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Perton
Unless a previous purchase of the premises took place post 12 October 2013 you could expect solicitors delivering conveyancing in Perton to remain recommending a chancel search and or chancel repair liability insurance.
Me and my brother purchased a 4 bedroom Victorian house in Perton. Conveyancing solicitor acted for me and Aldermore. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Aldermore to clarify?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Perton and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who carried out the work.
I am looking for a leasehold apartment up to £195,000 and identified one near me in Perton I like with open areas and station in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Perton suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan that many years will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I am looking for a conveyancing lawyer in Perton for my remortgage. Is it possible to see a firm’s complaints history with the legal regulator?
Members of the public may find published Solicitor Regulator Association (SRA) decisions stemming from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.
My partner is purchasing a leasehold property in Perton. Conveyancing quotes are coming in at around £1700. Is that in the right ballpark?
The average cost in 2014 for conveyancing in Perton was £1,419 excluding Stamp Duty and Land Registry charges.