How up to date is your database of Moorgate solicitors on the Leeds Building Society conveyancing panel? Do Leeds Building Society send you an updated list?
Moorgate conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
My grandmother passed away last year and as sole heir and executor I was left the house in Moorgate. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Leeds Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Leeds Building Society mortgage is registered as a charge at the Land Registry.
My stepmother informed me that in purchasing a property in Moorgate there may be a number of restrictions limiting what one can do in terms of external changes to a property. Is this right?
There are a number of properties in Moorgate which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Moorgate should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am selling my house. I had a double glazing fitted in January 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, RBS are being problematic. The Moorgate solicitor who is on the RBS conveyancing panel is recommending indemnity insurance as a solution but RBS are requiring a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that RBS have referred the matter to their valuer. The reason why RBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Planning on purchasing a apartment in Moorgate. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Moorgate solicitor is on the UBS conveyancing panel.
Are there restrictive covenants that are commonly picked up during conveyancing in Moorgate?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Moorgate. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Moorgate is the location of the property. What do you suggest?
Flying freeholds in Moorgate are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Moorgate you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Moorgate may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My husband and I are 18 days into a leasehold purchase having been recommend to solicitors by the estate agent to execute conveyancing in Moorgate. We are not happy. Could you help me find new lawyers?
They would need to be really poor to suggest diss instructing them. Has your mortgage been sent? In the event that it has you need to make them aware of the replacement solicitor and get the loan are re-issued. Your conveyancer needs to be on the mortgage company panel to avoid escalating expenses and delays. So that should be your starting point. The find a solicitor tool should assist you in finding a lender approved lawyer for your conveyancing in Moorgate