I am expecting a mortgage with Nat West. I would like to enlist the help of a Licensed Conveyancer in Higham Wood. Does the Nat West Solicitor panel include conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I am hoping to complete my purchase in Higham Wood next Friday. My property lawyer now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the lender. What risks does the lender expect the insurance to cover?
Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not limited to conveyancing in Higham Wood.
Me and my brother own a semi-detached Victorian house in Higham Wood. Conveyancing solicitor represented me and Santander. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching address. Is it worth asking Santander to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Higham Wood and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who conducted the purchase.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Higham Wood. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Higham Wood
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared.
I am 14 days into a residential purchase having been directed to solicitors by the estate agent to carry out the conveyancing in Higham Wood. We are not happy. Can you help me find new lawyers?
They would have to be very bad in order to consider changing them. Has the loan offer been generated? If so you will need to make them aware of the new contact details and get the loan are re-sent. The conveyancer needs to be on the banks approved list to avoid added costs and delays. So that should be your starting point. The find a solicitor tool should assist you in finding a lender approved conveyancer for your home move in Higham Wood
What is the best way of identifying a commercial conveyancing in Higham Wood?
Option 1 is to ask your friends and family who they used in the past and if they were happy with the service. Option 2 is to look on the internet for conveyancing in Higham Wood. Call two or three from the list and ask them to email you their conveyancing estimate and speak to the lawyer who will handle your conveyancing before you commit. Option 3 is to make use of our search tool to help you find the right lawyers for you based on your unique factors including location,speed, complexity and who the proposed lender is.Avoid the trap of appointing lowest cost conveyancing solicitors in Higham Wood