We hired a high street solicitor for our conveyancing in Mousehole recently. Reviewing the Ts and Cs I notewe are on the hook for charges even if our purchase aborts. Should I go with them or use a web based conveyancing company who offer no move no charge conveyancing in Mousehole?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the conveyancing charges will tend to be be more expensive to cover those transactions that fail to complete. You should be mindful that such offerings rarely cover disbursements such as Mousehole conveyancing search fees.
Can you suggest a Platform Home Loans Ltd accepted Mousehole conveyancing solicitor that can complete within a very limited time frame? Would it be better to use a high street Mousehole practice or a web based firm?
We can recommend some very good Mousehole conveyancing firms. You can also walk up the main road in Mousehole. Visit some well established firms and request to see a conveyancing solicitor for a costs illustration. Discuss your time frames together with your reasons and ask for an assurance on your deadline. Select the one that appears most efficient.
I'm the sole beneficiary of my late father’s estate and I have everything in my name now, including the house in Mousehole. Conveyancing formalities meant that the Land Registry date was in October. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship will be regarded the same way as if I'd bought the property in October. Do I have to wait half a year to sell?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. many mortgage companies would take a sensible view as this obligation is primarily there to identify subsales or the flipping of properties.
I can not fathom if my mortgage offer requires a lease extension. I have called my Mousehole building society branch on a couple of occasions and was advised it wasn't an issue and they will lend. My Mousehole conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their published requirements. Who do I believe?
The property lawyer must follow the Council of Mortgage Lenders’ Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
HSBC have agreed my home loan in principle, my offer on a apartment in Mousehole has been accepted, what are the next steps?
The property agent will want to know who your solicitors are (ensure that the lawyers are on the lender’s panel). Contact HSBC or your broker and complete any outstanding documentation. HSBC will sellect a valuer who will get in touch with the estate agent or seller to book a time for the valuation to take place. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. HSBC will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Mousehole.
My wife and I purchased a terraced Victorian property in Mousehole. Conveyancing lawyer represented me and Clydesdale. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to assess 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 Mousehole 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 enquire as to the position with your conveyancing practitioner who completed the work.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Mousehole is the location of the property. What do you suggest?
Flying freeholds in Mousehole are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mousehole you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mousehole 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.
In my capacity as executor for the will of my grandfather I am selling a house in Cardiff but I am based in Mousehole. My conveyancer (who is 250 miles awayhas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Mousehole to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are based in Mousehole