Willretaining a Botley conveyancing solicitor make the ownership transfer easier?
Botley is a unique place, where neighbourhood insight is a big bonus. The relaxed pace of life has it’s attractions – just not for your home move. The property lawyers that we endorse possess specialist Botley intelligence with a professional, can doapproach that ensures the conveyancing to progress hassle free. It is a definite plus if they enjoy good rapport with financial advisers, estate agents, valuers and other Botley conveyancing practices
We note that you have a post code search directory identifying solicitors on the HSBC conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Botley?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Botley.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Botley conveyancing practitioner on the Nationwide panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Nationwide 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 Nationwide mortgage from the register. Nationwide, 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 Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Botley bank branch on a couple of occasions and was informed it wasn't a problem and they would lend. My Botley conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
After much negotiation I have agreed a price on an apartment in Botley. My mortgage broker recommended their conveyancers. I paid an on account payment of £225. A few days later, the solicitor contacted me embarrassingly acknowledging that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My relative suggested that if I am buying in Botley I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Botley conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Botley around the property and the people living there. It includes 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, Botley Education with plans and statistics, Local Amenities and other useful data regarding Botley.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Botley I like with amenity areas and transport links in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Botley in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage that many years may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
What tools are available to search for a Botley solicitor on the Nationwide Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 25miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please pick a mortgage company and your location and you will see a number of Botley conveyancing lawyers based on proximity. We have listed some Botley conveyancing firms towards the end of this page and you can telephone them to verify if they are on the Nationwide Building Society member panel