My house in Bloxham is up for sale and I have accepted an offer. Does my conveyancing practitioner have to be required to be on the Virgin Money conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
I need some expedited conveyancing in Bloxham as I have pressure to exchange contracts in less than 3 weeks. Fortunately I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are not getting a home loan you are at liberty not to have searches carried out although no lawyer would suggest that you don't. With plenty of history conveyancing in Bloxham the following are examples of what can appear and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
I have todayfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Bloxham for a purchase of a freehold house 18 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bloxham conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Bloxham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Bloxham
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I'm remortgaging my primary home to a buy to let loan with Nottingham Building Society and intend to use the remaining equity towards a second property. The area we are talking about is Bloxham. Will your solicitors be able to act for both sets of mortgage companies and tie in the two deals?
Make use of our search tool on this site to check that the conveyancers are approved by both banks. On the basis that they are your lawyer should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and specify your desired outcome and needs.
I’m about to sell my 2 bed flat in Bloxham. Conveyancing is yet to be initiated, but I have recently received a yearly maintenance charge invoice – what should I do?
The sensible thing to do is clear the service charge as usual as all rents and service charges will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Bloxham - A selection of Queries before buying
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What prohibitions are there in the Bloxham Lease? Are any of leasehold owners in arrears of their service charge payments?