Me and my partner are due to exchange on the purchase of a property in Kinver but as a consequence of wreckage from the recent storms I have managed to agree compensation from the owner of £2k by way of a deduction in the price. This was going to be dealt with as part of a side agreement however Clydesdale are not allowing this. Should they have been involved?
Any solicitor that is on the Clydesdale conveyancing panel is obliged to inform Clydesdale of any amendments to the purchase price. If you prohibit your conveyancing practitioner to report the reduction to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new conveyancer for your conveyancing in Kinver.
I am the single recipient of my late father’s estate and I have everything in my name alone, including the house in Kinver. The Kinver property was put into my name in November. I want to move. I do know about the CML six month 'rule', which means that my proprietorship will be considered the same way as if I'd bought the property in November. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. Most mortgage companies would take a pragmatic view as this requirement primarily exists to pick up on subsales or the wholesaling and assigning of property.
Completion of my purchase has taken place for my property in Kinver. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
At last I have had an offer on a maisonette in Kinver agreed to, but there is a chain. The vendors have offered on a flat, however it’s not been accepted yet, and are looking at other flats booked. I have instructed a high street conveyancing solicitor in Kinver. What do I do now? At what stage should I apply for the mortgage with Clydesdale?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of one thousand pounds, then valuation, Kinver conveyancing search fees, etc). First, you must ensure that your solicitor is on the Clydesdale conveyancing panel. As to the subsequent steps this very much dictated by the circumstances of your transaction, attraction to the property and on the state of the market. During a hot market some home buyers will apply for the mortgage with Clydesdale and arrange for the valuation and only if it comes back ok would they ask their solicitor to press on with searches.
We are intent on selling our property in Kinver and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Kinver lawyer would know that there is no such problem. It does beg the question why the buyers instructed an internet conveyancing practice as opposed to a conveyancing solicitor in Kinver. Having lived in Kinver for many years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Me and my brother own a terraced Edwardian property in Kinver. Conveyancing lawyer acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kinver and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who completed the work.
How straightforward is it to use your search app to locate a conveyancing practitioner in Kinver on the authorised to act for my lender?
1st choose a mortgage company such as Barclays , Norwich and Peterborough Building Society or Aldermore then specify your location such as Kinver. Conveyancing firms in Kinver and nationally will then be shown.
I am one month into a leasehold purchase having been referred to conveyancers by the local agent to perform conveyancing in Kinver. We are not happy. Can you you assist me in finding new solicitors?
They would need to be really poor in order to consider changing them. Has the mortgage offer been issued? If so you will need to advise them of the new contact details and have the mortgage documents are issued to the new lawyers. Your solicitor ideally needs to be on the banks approved list to avoid added expenses and frustration. That should be your starting point. The search tool can help you find a bank approved lawyer for your conveyancing in Kinver