We have a mortgage agreed in principle with Bank of Ireland. Kings Heath conveyancing solicitors were instructed. What is the average time that one could expect to receive a mortgage offer from Bank of Ireland?
Some lenders take longer than others. Have Bank of Ireland conducted the valuation? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We have agreed to purchase a house in Kings Heath. A rare aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Clydesdale your lawyer must check the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Clydesdale where a lease fails to comply with these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Kings Heath.
I can not fathom if my bank requires a lease extension. I have called my Kings Heath building society branch on numerous occasions and was advised it wasn't an issue and they would lend. My Kings Heath conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend in accordance with their specific requirements. I have no idea who is right.
Provided that the solicitor is on the bank panel, she or he must adhere to the CML Handbook requirements for the 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 lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have recentlyfound out that Wolstenholmes have been shut down. They conducted my conveyancing in Kings Heath for a purchase of a freehold house 18 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kings Heath conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a house in Kings Heath in advance of retaining lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders tend refuse to give a loan on this type of property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kings Heath. Conveyancing will be smoother if you use a solicitor in Kings Heath especially if they are familiar with such properties in Kings Heath.
I am looking to sell my home. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Kings Heath if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Kings Heath. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
My step-father has recommend that I instruct his conveyancing solicitors in Kings Heath. Do I follow his advice?
There are no two ways about it the best way to select a conveyancing lawyer is to have recommendations from friends or relatives who have experience in using the solicitor that you are contemplating using.
Why is it not possible to complete my conveyancing in Kings Heath on May bank holiday?
Because on completion the money needs to be transferred electronically between the banks of the buyer and seller's property lawyer and currently this can only happen on a working day. So you can't complete on a weekend either.