My lawyer has uncovered a a problem with the lease for the flat we are buying in Port Clarence. The seller’s lawyers have offered title insurance as a solution. We are happy with insurance and will pay for it. Our conveyancing practitioner says that he must be satisfied that the mortgage company is willing to move forward with this solution. Are we the client or is the bank?
Regardless of the fact that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. These conveyancing instructions have to be complied with.
Is there a list of Coventry BS panel solicitors in Port Clarence on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available over the internet. If you are in need of a Port Clarence lawyer on the Coventry BS please use our facility.
Can I be sure that the Port Clarence conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Port Clarence seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer handling your conveyancing.
I have today made my last payment due on my mortgage with Santander. I assume I don't need a Port Clarence property lawyer on the Santander panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Santander 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 Santander mortgage from the register. Santander, 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 Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial estate in Port Clarence?
Many commercial conveyancing solicitors in Port Clarence will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Port Clarence. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Port Clarence.
For every commercial conveyancing transaction in Port Clarence it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Port Clarence commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Port Clarence.
How does conveyancing in Port Clarence differ for newly converted properties?
Most buyers of new build or newly converted property in Port Clarence contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Port Clarence tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Port Clarence or who has acted in the same development.
I decided to have a survey done on a property in Port Clarence prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will refuse to give a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Port Clarence. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I am about to part with over three hundred thousand on a two bedroom apartment in Port Clarence I would like to have a conversation with the solicitor regarding thehouse move before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you liaising with the conveyancer due to be conducting your conveyancing in Port Clarence.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Port Clarence should be the figure that you end up paying.