We see that you have a search directory listing law firms on the Nottingham conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Elm Park?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Elm Park.
How can we tell if a Elm Park conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Elm Park obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer conducting your transaction.
I have paid off my mortgage with Clydesdale. I assume I don't need a Elm Park solicitor on the Clydesdale panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale 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 Clydesdale mortgage from the register. Clydesdale, 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 Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I can not fathom 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 my Elm Park bank branch on numerous occasions and was told they are content with the situation and they will lend. My Elm Park conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they will not lend based on their specific requirements. I simply don't know who is right.
The property lawyer has to follow the Council of Mortgage Lenders’ Handbook Part 2 conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who did the conveyancing in Elm Park 10 years ago are no longer around. What do I do?
In today’s world there are copies made of almost everything, and your lawyer will be aware precisely where to find all the appropriate documentation so you can buy or sell your property without a hitch. Where copies are not available, your conveyancer can put in place insurance or indemnities protecting you against possible claims on your premises.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Elm Park I like with amenity areas and railway links in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in Elm Park suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I need to find a conveyancing solicitor for purchase conveyancing in Elm Park. I happened to land on a site which appears to be the ideal offering If it is possible to get all the legals completed via email that would be ideal. Should I be concerned? What are the potential pitfalls?
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?
Please can you clarify what my options are where my Elm Park conveyancing searches reveals detrimental entries?
Normally, most adverse entries that arise in Elm Park conveyancing search responses can be dealt with prior to completion or indemnity insurance could possibly be put on cover. You need to remember that although you are buying the premises and may be willing to live with the search results, your building society or bank may not, and when all said and done have the final decision.