I am obtaining a mortgage offer from Lloyds. I would like to employ the services of a Licensed Conveyancer in West Hill. Does the Lloyds Conveyancing panel exclude Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We see that you have a post code search directory identifying firms on the Clydesdale conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in West Hill?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in West Hill.
I am selling our house in West Hill and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street West Hill lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing practice as opposed to a conveyancing solicitor in West Hill. Having lived in West Hill for three years we know that this is a non issue. Do we contact our local Authority to obtain clarification need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
How does conveyancing in West Hill differ for newly converted properties?
Most buyers of new build premises in West Hill contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in West Hill typically acquire the site, 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 accustomed to new build conveyancing in West Hill or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one close by in West Hill I like with open areas and railway links in the vicinity, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in West Hill suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
What is the reason for my solicitor requiring various items of identification ahead of starting selling or buying a property in West Hill?
West Hill lawyers are required by the Law Society, Solicitors Regulation Authority, the Land Registry and current AML Regulations to record that the have verified the identity of their clients. It will also be a condition of your mortgage offer. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, NI number and date of birth.