It has come to my attention via my mortgage broker that my Petworth the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to be sure if this is correct?
The sensible course of action for you to take is to contact your Petworth conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they may recommend you to a Petworth conveyancing firm that is on the approved list of lawyers for your bank.
My grandfather passed away six months ago and as sole heir and executor I was left the house in Petworth. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this allowed?
If you plan to refinance then TSB will insist on your using a conveyancer on the TSB conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your TSB conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the TSB mortgage is registered as a charge at the Land Registry.
I am buying a house and the conveyancer has identified Chancel Repair to which the house may be obligated to pay because it falls into the area of such a church. He has mentioned insurance. Is this strictly warranted for conveyancing in Petworth
Unless a previous purchase of the property completed post 12 October 2013 you may take it that conveyancing practitioners delivering conveyancing in Petworth to remain encouraging a chancel search and or chancel repair liability policy.
Just had an offer accepted on a new build flat in Petworth. Conveyancing is daunting 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.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Petworth
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Please supply a car parking plan. Please provide 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
We are 14 days into a leasehold purchase having been directed to solicitors by the estate agent to carry out the conveyancing in Petworth. I am am extremely dissatisfied with the quality of service. Could you help me find new conveyancers?
They would need to be really poor to suggest diss instructing them. Has the mortgage been generated? In the event that it has you need to inform them of the new lawyer and have the loan are issued to the new lawyers. Your solicitor ideally should be on the mortgage company panel to avoid supplemental fees and delays. That should be your first question of the new solicitors. Our find a solicitor tool should help you find a bank approved conveyancer for your home move in Petworth
I am in the process of buying my first house in Petworth. Conveyancing solicitor has been instructed. The mortgage adviser pointed out that a survey is not necessary as the house was only built 16 yrs ago.
You would be best advised to have a Home Buyer's Report. Given the premises was built more than a decade ago the property will not benefit from a warranty, so you don't want to take a risk. For a property that age with no signs of problems a Home Buyer's report may be sufficient. The report should highlight any apparent issues and suggest additional investigation where appropriate. If there are any signs of problems seek a full Building Survey from the beginning.