I plan on purchasing residence in Uckfield. My lawyer is not on the lender approved panel. Is it possible for me to continue with my Uckfield conveyancing solicitor even though they are not on the lender list of approved lawyers?
Your options include
- Proceed with your existing Uckfield conveyancer but your bank will need to use a conveyancer from their approved panel. The net result is additional fees together with probable frustration.
- Choose a new conveyancer to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Convince your lawyer to do everything within their powers to join the mortgage company conveyancing panel
It is 10 years ago since I acquired my house in Uckfield. Conveyancing lawyers have now been retained on the sale but I am unable to locate the deeds. Will this cause complications?
Don’t worry too much. First there is a chance that the deeds will be with the lender or they may still be with the conveyancers who acted in your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. The vast majority of conveyancing in Uckfield involves registered property but in the rare situation where your home is unregistered it is more of a problem but is resolvable.
How do I investigate if the solicitor carrying out my conveyancing in Uckfield is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Birmingham Midshires thus paying £187.00 plus VAT in another set of conveyancing bill.
You should make use of the find a conveyancing panel solicitor tool on this page. Pick the mortgage company and type ‘Uckfield’ or your location and you will see numerous conveyancers offices in Uckfield or nearest you.
I am the sole recipient of my late father’s estate and I have everything in my name alone, including the house in Uckfield. Conveyancing formalities meant that the Land Registry date was in January. I want to move. I understand that there is a CML six month 'rule', meaning my proprietorship could be treated the same way as though I had purchased the property in January. Will no one buy the property for half a year?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How practical a view lenders take of it, depend on the lender as this requirement is principally there to pick up on the purchase and immediately sell or the wholesaling and assigning of property.
We have agreed to purchase a house in Uckfield. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Co-operative your lawyer must comply with the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Co-operative where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties nationwide and is not restricted to Uckfield.
The mortgage over my property is with Santander for my property in Uckfield. Conveyancing was finalised some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Santander?
Santander must be informed of your intention before renting your property as this is likely to be a breach of Santander’s mortgage conditions. It may be that Santander 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 Santander directly. It should not be necessary to do this via a Santander conveyancing panel solicitor.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Uckfield I like with amenity areas and railway links in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Uckfield in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease may be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Is it best to choose a Uckfield conveyancing solicitor in close proximity to the house I am hoping to buy? I have an old university friend who can carry out the legal work however they are based over three hundred miles drive away.
The primary upside of using a local Uckfield conveyancing practice is that you can drop in to execute documents, hand in your ID and apply pressure on them if necessary. They will also have local intelligence which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and they were content that must surpass using an unknown Uckfield conveyancing solicitor just because they are round the corner.