I was informed today by my mortgage adviser that my Great Coates lawyer is not on the bank Solicitor panel. How can I be sure that this is correct?
The best course of action for you to take is to call your Great Coates lawyer directly. You lawyer should notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Great Coates conveyancing practitioner on the UBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS 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 UBS mortgage from the register. UBS, 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 UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I have a mortgage with Aldermore for my property in Great Coates. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Aldermore?
You must advise Aldermore prior to letting out your property as this is likely to be a breach of Aldermore’s mortgage conditions. It may be that Aldermore will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. You need not do this via a Aldermore conveyancing panel firm.
Coventry BS have agreed my mortgage in principle, my offer on a flat in Great Coates has been agreed to, what happens next?
The property agent will wish to be advised as to your lawyer's details (make sure the property lawyers are on the lender’s panel). Telephone Coventry BS or your broker and finalise any relevant forms. Coventry BS will instruct a valuer who will get in contact with the estate agent or seller to book a slot for the valuation to occur. Once conducted (assuming no problems) it takes about a fortnight to receive the mortgage offer. Coventry BS will send the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Great Coates.
I opted to have a survey done on a house in Great Coates in advance of retaining lawyers. I have been advised that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may refuse to issue a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Coates. Conveyancing may be slightly more expensive based on your lender's requirements.
I am selling my house. My previous lawyers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Great Coates if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Great Coates. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
As co-executor for the estate of my grandmother I am disposing of a residence in Neath but I am based in Great Coates. My solicitor (approximately 300 miles from meneeds me to sign a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Great Coates who can witness this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Great Coates based
Estate agents have just been given the go-ahead to market my basement apartment in Great Coates. Conveyancing has not commenced, however I have recently received a yearly service charge invoice – Do I pay up?
The sensible thing to do is clear the service charge as usual because all rents and maintenance charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice 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. This will smooth the conveyancing process.
Leasehold Conveyancing in Great Coates - A selection of Questions you should ask before Purchasing
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How many of the leaseholders are in arrears for their service charge payments? Does the lease have in excess of 85 years left? For many Great Coates leaseholds the cost for major works are not included within maintenance charges, albeit that some managing agents in Great Coates ask tenants to pay into a reserve fund and this is used to offset against larger works.