I was advised today by my broker that my Wolvey solicitor is not on the lender Solicitor panel. How can I check?
You need to call your Wolvey lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
I am buying a property in Wolvey. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As you are obtaining a mortgage with HSBC your lawyer must check the conveyancing instructions contained in Section two of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum specifications for solar panel roof-space leases, and lawyers are required to report to HSBC where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties countrywide and is not limited to Wolvey.
I have today made my last payment due on my mortgage with Barclays. I assume I don't need a Wolvey property lawyer on the Barclays panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Barclays mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Barclays mortgage from the register. Barclays, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Barclays has sent the Land Registry the discharge electronically, and
- Barclays has instructed the Land Registry to do so
The mortgage over my property is with Leeds Building Society for my property in Wolvey. Conveyancing has been completed a year 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 buy-to-let mortgage or inform Leeds Building Society?
Your original mortgage agreement with Leeds Building Society will provide that you need their approval prior to renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies will allow you to rent 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 Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel firm.
A relative suggested that where I am buying in Wolvey I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Wolvey conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Wolvey around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Wolvey.
The deeds to our house are lost. The lawyers who conducted the conveyancing in Wolvey 10 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to hold title official documentation to prove you own the land or premises, as the Land Registry hold details of all registered land or property electronically.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Wolvey and how can you help?
The particular law that you refer to provides security of tenure to commercial lessees, granting the legal entitlement to apply to court for a new tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Wolvey
I need to instruct a conveyancing solicitor for remortgage conveyancing in Wolvey. I happened to discover a site which appears to be the perfect answer If there is a chance to get all formalities done via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?