I was notified yesterday by my IFA that my Wendover property lawyer is not on the mortgage company Solicitor panel. What can I do to be certain if this is indeed the case?
You need to call your Wendover conveyancer. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they may be able to suggest a Wendover conveyancing practice that is on the conveyancing panel for your mortgage company.
Do the Building Society Association intend to launch a search tool with a view to list law firms on the Loughborough BS conveyancing panel for instance in Wendover?
We are not aware of any plans on the part of the BSA to develop such a search facility.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when buying a property in Wendover?
Unless a previous purchase of the house took place post 12 October 2013 you may expect solicitors carrying out conveyancing in Wendover to remain encouraging a chancel search and or insurance against a claim.
The deeds to our property are lost. The solicitors who conducted the conveyancing in Wendover 4 years ago have long since closed. What do I do?
You no longer need to have the physical official documentation to prove you are the registered proprietor of land or property, given that the Land Registry have everything they need in a digital format.
What tools are available to search for a Wendover solicitor on the National Westminster Bank conveyancing panel? I drive a motor bike and am happy to travel upto 10kilometers to meet the conveyancer.
You can use the facility on this website. Please select a lender and your location and you will see a number of Wendover conveyancing lawyers based on proximity. We have detailed some Wendover conveyancing firms at the bottom of this page and you can contact them to verify whether they are on the National Westminster Bank member panel
Having had my offer accepted I require leasehold conveyancing in Wendover. Before I get started I want to be sure as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Wendover - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Wendover - Sample of Queries before buying
-
What is the name of the managing agents? You should be aware if it is less than 80 years it will impact the salability of the apartment. Check with your lender that they are willing to go ahead with the loan given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of how much this would cost. Remember, in most cases you would be be obliged to have been the owner of the residence for two years before you are legally able to carry out a lease extension. What prohibitions are contained in the Wendover Lease?