I'm the only beneficiary of my late mum's estate with all property in now in my sole name, including the house in Bollington. Conveyancing formalities meant that the Land Registry date was in December. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership may be considered the same way as if I'd bought the property in December. Do I have to wait half a year to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. Some lenders would take a pragmatic view as this requirement chiefly exists to identify the purchase and immediately sell or the flipping of property.
We previously selected solicitors locally in Bollington on the Yorkshire BS solicitor approved list. They are now charging me a further sum for handling the Yorkshire BS mortgage. Is this a supplemental conveyancing fee set by Yorkshire BS?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your property lawyer may levy a fee for this. The charge is not set by Yorkshire BS but by your Bollington conveyancer. Plenty of firms on the Yorkshire BS panel will charge ’dealing with mortgage’ fee but some firms include it on their overall fee.
I am selling my house. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Barclays are being problematic. The Bollington solicitor who is on the Barclays conveyancing panel is recommending indemnity insurance as a solution but Barclays are requiring a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?
It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I require quick conveyancing in Bollington as I am faced with a deadline to complete inside 2 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash buyer you have the choice not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Bollington the following are instances of what can be revealed and adversely impact future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
I used Wolstenholmes a few years past for my conveyancing in Bollington. Now, I need the documents however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bollington of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I need to find a conveyancing solicitor for some conveyancing in Bollington. I've stumble upon a web site which appears to be the ideal answer If it is possible to get all formalities completed via web that would be preferable. Do I need to be concerned? 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?
I've found a house that appears to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Bollington. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the implications of buying a leasehold house in Bollington ?
The majority of houses in Bollington are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Bollington in which case you should be shopping around for a Bollington conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the property is located on an estate. Your solicitor should appraise you on the various issues.
Bollington Leasehold Conveyancing - Sample of Queries Prior to Purchasing
This information is helpful as a) areas can result in problems in the block as the common areas may start to deteriorate if maintenance are not paid for b) if the tenants have a dispute with the managing agents you will want to know about it What is the name of the managing agents? What is the the remaining lease term?
I am purchasing a house and cash is in place. I have provided conveyancer with 2 separate forms of photographic ID, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer stating that the funds are in place and that it has come from inheritance and not dealing E's in Ibiza.
In today’s world you will not be able to complete any Bollington conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.