The West Moors conveyancing firm handling our West Moors conveyancing has spotted a discrepancy when comparing the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My lawyer says that he needs to ensure that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in West Moors. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this possible?
If you intend to refinance then Aldermore will require that you use a conveyancer on the Aldermore conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Aldermore conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Aldermore mortgage is registered as a charge at the Land Registry.
When it comes to mortgage companies such as RBS, do West Moors conveyancers have to pay an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
After months of negotiation I have agreed a price on a house in West Moors. My mortgage broker pressured me to appoint their lawyer. I paid an on account payment of £175. Soon after, the conveyancer called me embarrassingly acknowledging that they were not on the Bank of Ireland conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Bank of Ireland panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I had an offer accepted on an apartment in West Moors on 31/1/2025, valuation was booked 2 days after, all came back fine. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Are Nottingham entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I require expedited conveyancing in West Moors as I have an ultimatum to exchange contracts in less than 3 weeks. Fortunately I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you have the choice not to do searches although no law firm would recommend that you don't. With plenty of history conveyancing in West Moors the following are examples of what can be revealed and adversely impact future saleability: Refused Planning Applications, Overdue Charges, Overdue Grants, Road Schemes,...
What does commercial conveyancing in West Moors cover?
Commercial conveyancing in West Moors incorporates a wide array of guidance, supplied by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Planning to exchange soon on a ground floor flat in West Moors. Conveyancing solicitors have said that they will have a report out to me within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in West Moors should include some of the following:
-
Information concerning the obligations as set out in the lease to pay service charges - with regard to both the building, and the more general rights a lessee has You should be informed what counts as a Nuisance as far as the lease is concerned Ground rent - what is due and what the invoice dates are, and also know whether this is subject to change What options are available to the landlord where you are in breach of your lease terms?
I inherited a ground floor flat in West Moors, conveyancing was carried out August 2002. How much will my lease extension cost? Equivalent flats in West Moors with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease runs out on 21st October 2080
With just 55 years unexpired we estimate the price of your lease extension to span between £31,400 and £36,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.