How up to date is your search tool for Trelogan conveyancing solicitors on the Bank of Ireland conveyancing panel? Do Bank of Ireland send you an updated list?
Trelogan conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Trelogan?
There are two types of lawyers who can do conveyancing in Trelogan namely licenced conveyancers or solicitors. The two can provide conveyancing services that you need to complete the sale or purchase of property. Both are obliged to perform Trelogan conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all necessary procedures will be appropriately attended to.
I am purchasing a property in Trelogan. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As you are obtaining a mortgage with Virgin Money your lawyer must check the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease does not comply with these specifications. The provisions relate to the installation of panels on properties countrywide and is not limited to Trelogan.
I have a mortgage with Lloyds for my property in Trelogan. Conveyancing was finalised 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Lloyds?
You must advise Lloyds in advance of letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. In many cases banks or building societies will permit you to let 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 Lloyds directly. It should not be necessary to do this via a Lloyds conveyancing panel lawyer.
What can a local search tell me concerning the property I am purchasing in Trelogan?
Trelogan conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company such as Xpress Legal The local search plays a central part in many a Trelogan conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search should supply data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
It has been 3 months since my purchase conveyancing in Trelogan concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey done on a house in Trelogan in advance of instructing solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders will not give a loan on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Trelogan. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Trelogan to see if the conveyancing will be more expensive.
In my capacity as executor for the will of my aunt I am selling a house in Monmouth but I am based in Trelogan. My lawyer (based 260 miles from meneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Trelogan who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are located in Trelogan