My financial adviser has asked me for my Polesworth solicitor’s panel member for the Santander conveyancing panel. What is the best way to discover this. I have e-mailed my local Polesworth branch but they don't know it.
You are best placed to get this information from your Polesworth property lawyer . They maintain a central record lender panel numbers.
Are the BSA planning on creating a searchable register to list solicitors on the Darlington Building Society conveyancing panel for instance in Polesworth?
We are not aware of any intention on the part of the BSA to promote such a search facility.
I am the only recipient of my late father’s estate and I have everything in my name alone, including the house in Polesworth. Conveyancing formalities meant that the Land Registry date was in October. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be treated the same way as though I had purchased the property in October. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. Some banks would take a practical view as this requirement is primarily there to identify subsales or the quick reselling of properties.
Is it the case that all Polesworth conveyancing solicitors on the Virgin Money conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be overseen by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel and in such a situation the practice would be governed by the Council of Licensed Conveyancers.
We have agreed to purchase a house in Polesworth. A rare aspect is that the roof has a solar panel. Kent Reliance have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Kent Reliance your lawyer must check the conveyancing instructions set out in Section two of UK Finance Lenders’ Handbook for Kent Reliance. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Kent Reliance where a lease does not meet these provisions. The requirements relate to the installation of panels on properties nationwide and is not isolated to Polesworth.
About to purchase a new build apartment in Polesworth. Conveyancing is necessary evil 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 are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Polesworth
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply a car parking plan.
I opted to have a survey carried out on a property in Polesworth ahead of instructing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks will refuse to grant a mortgage on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Polesworth. Conveyancing will be smoother if you use a solicitor in Polesworth especially if they regularly deal with such properties in Polesworth.
Is it possible to switch conveyancer as I need to find a firm on the Bank of Ireland conveyancing list. I was using a family conveyancing solicitor in Polesworth five minutes from me but she is not approved by Bank of Ireland
It would be our pleasure to assist you find a conveyancing solicitor in Polesworth on the Bank of Ireland panel. Please note that the law firms that we work with do not pay us fee if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Polesworth. Using search facility on this website, you can scrutinise fees for conveyancing solicitors in Polesworth and throughout England and Wales.