Do all mortgage companies provide you with an approved list of Tilehurst conveyancing solicitors? How do you know who is on the HSBC conveyancing panel?
Tilehurst conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
I'm the sole beneficiary of my late mum's estate and I have everything in my name now, including the my former home in Tilehurst. Conveyancing formalities meant that the Land Registry date was in October. I plan to dispose of the property. I understand that there is a CML six month 'rule', which means that my property ownership could be treated the same way as if I'd bought the property in October. Do I have to wait half a year to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. How sensible a view mortgage companies take of it, depend on the lender as this provision chiefly exists to pick up on the purchase and immediately sell or the quick reselling of property.
My offer was accepted on a property in Tilehurst on 9/10/2024, valuation was booked 3 days later, all came back fine. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
I've read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Tilehurst solicitor - who is on the UBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Tilehurst surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
My friend advised me that if I am purchasing in Tilehurst I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Tilehurst conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Tilehurst around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Tilehurst Education with maps and statistics, Local Amenities and other useful information regarding Tilehurst.
Are there restrictive covenants that are commonly identified during conveyancing in Tilehurst?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Tilehurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My company is intending to lease a unit on the high street. Can you recommend conveyancers offering no-move-no charges for non-domestic conveyancing in Tilehurst for below 2k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Tilehurst, including the disposal and acquisition of businesses as well as simply property. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right lawyer. As for the fees these will vary based on the structure and terms of the deal. Let us have your contact information or telephone so as to enable us to provide you with comprehensive commercial conveyancing calculation.
Should local authority consent be necessary to change a single dwelling into two flats in Tilehurst? This has been carried out to a property opposite to my home in Tilehurst and was ignorant of the conversion until it was complete.
Planning Permission yes. Building Regulations yes.