Please help. My Yarmouth solicitor is advising me that he is legally obliged toorder Yarmouth conveyancing searches asthe firm are on the Virgin Moneyapproved lawyer panel. Do I not have any options here?
You have limited options available to you. As you are taking a mortgage with a lender your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Yarmouth conveyancing searches.
Having sold my house in Yarmouth last February but my buyer keeps calling me complaining that her lawyer is waiting to hear from mysolicitor. What should have happened now that I have sold?
After completion of your sale your conveyancer is duty bound to deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also evidence that the home loan has been repaid to the purchasers solicitors. There are no post completion requirements specific conveyancing in Yarmouth.
We're in Yarmouth, First time buyers buying with a mortgage (lender is Nottingham , and our solicitor is on the Nottingham conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Can you point me to a directory of UBS panel solicitors in Yarmouth on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of mortgage companies make their panel listings open the public on the web. Where you are seeking to appoint a Yarmouth lawyer on the UBS please use our facility.
I had an offer accepted on an apartment in Yarmouth on 1/10/2025, valuation was booked 4 days later, all came back fine. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
UBS have agreed my mortgage in principle, my bid on a apartment in Yarmouth has been agreed to, what are the next steps?
Your estate agent will need to know who your solicitors are (ensure that the property lawyers are on the lender’s approved list). Call up UBS or your financial adviser and complete any relevant paperwork. UBS will sellect a valuer who will get in contact with the selling agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. UBS will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Yarmouth.
Have completed on a a detached house in Yarmouth , how long should it take for the Land Registry to deal with the formalities evidencing my title? My Yarmouth conveyancing solicitor has been very slow, so I want to check that my ownership is recorded.
As far as conveyancing in Yarmouth registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry communicate with any other parties. Currently approximately 80% of submission are completed in less than three weeks but occasionally there can be protracted delays. Registration occurs once the new owner is living at the property so registration formalities is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I have just started marketing my ground floor apartment in Yarmouth. Conveyancing lawyers have not yet been instructed, however I have recently received a half-yearly maintenance charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as usual as all ground rent and service payments will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I am the registered owner of a split level flat in Yarmouth, conveyancing formalities finalised 3 years ago. How much will my lease extension cost? Similar flats in Yarmouth with a long lease are worth £260,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2100
With just 75 years left to run we estimate the price of your lease extension to be between £8,600 and £9,800 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. 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 considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.