I have just been advised by my broker that my Mortimer solicitor is not on the mortgage company Conveyancing panel. How can I be sure if this is correct?
The first thing you need to do is to contact your Mortimer lawyer directly. You lawyer should notify you of the situation. Where they are not on the panel they may recommend you to a Mortimer conveyancing practice that is on the approved list of lawyers for your lender.
All was ready to complete my purchase in Mortimer next Monday. My lawyer now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the bank expect the insurance to cover?
All property lawyers 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 Part 2 requirements. These obligations are not limited to conveyancing in Mortimer.
We are selling our flat in Mortimer. Does the conveyancer need to be required to be on the Nationwide conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
What will a local search inform me regarding the property we're buying in Mortimer?
Mortimer conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations for example Searches UK The local search is essential in every Mortimer conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
My wife and I own a terraced Georgian house in Mortimer. Conveyancing solicitor acted for me and Nationwide Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. Is it worth asking Nationwide Building Society to clarify?
You should read 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 Mortimer 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 lenders. You can also check the situation with your conveyancing solicitor who carried out the work.
Are there any apps to assist me to search for a Mortimer law firm on the Aldermore conveyancing panel? I drive a motor bike and am willing to travel upto 20miles to meet the solicitor.
You can use the facility on this page. Please choose the lender and your location and you will see a number of Mortimer conveyancing lawyers locally. We have detailed some Mortimer conveyancing firms towards the end of this page and you can telephone them to check whether they are on the Aldermore panel