Me and my partner are buying a 3 bedroom flat in Yelverton with a mortgage. We have a Yelverton solicitor, but the bank says he's not on their "panel". We have to appoint one of the mortgage company panel firms or retain our Yelverton conveyancer as well as pay for one of their panel ones to represent them. We regard this is unjust; can we not demand that the bank use our Yelverton property lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Yelverton conveyancing lawyer to apply to be on the conveyancing panel.
Can the conveyancing solicitors identified via your search tool conduct conveyancing in Yelverton by way of an attended exchange?
We do have a number of conveyancing experts carrying out personalised exchanges. Do contact us to receive a fee calculation and details as to availability.
A friend suggested that where I am buying in Yelverton 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 sometimes quoted for as part of the standard Yelverton conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Yelverton 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 demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information about Yelverton.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who dealt with the conveyancing in Yelverton 4 years ago are no longer around. What are my options?
As long as you have a registered title the details of your ownership will be retained by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, find your property and obtain up to date copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will usually retain a file duplicate of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Yelverton I like with open areas and station in the vicinity, however it only has 51 remaining years left on the lease. There is not much else in Yelverton suitable, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
Hoping to buy a property located in Yelverton and I am already nervous. I couldn't find anything specific about Yelverton. Conveyancing will be needed in due course but do you know about the Yelverton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Yelverton. In the meantime here are some basic statistics that we found