We note that you have a post code search directory listing law firms on the Santander conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in North Ferriby?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in North Ferriby.
We had instructed conveyancers located in North Ferriby on the Aldermore solicitor panel. They have just invoiced me an additional fee for the legal aspects of the Aldermore mortgage. Is this a supplemental conveyancing fee set by Aldermore?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your property lawyer can charge a fee for this. The charge is not dictated by Aldermore but by your North Ferriby solicitor. Some firms on the Aldermore panel will quote an ‘acting for lender’ fee but some practices incorporate it on their overall fee.
I have paid off my mortgage with Principality. I assume I don't need a North Ferriby solicitor on the Principality panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Principality mortgage from the register. Principality, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
I was told two weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in North Ferriby is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in North Ferriby?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in North Ferriby. 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…’
Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in North Ferriby I like with a park and railway links nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in North Ferriby in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years may be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
My cousin has encouraged me to use his conveyancing solicitors in North Ferriby. Should I use them?
There are no two ways about it the ideal way to select a conveyancing solicitor is to get referrals from friends or relatives who have actually used the solicitor you're are thinking of instructing.
Should one remove a deceased person's details from the title deeds for a house in North Ferriby?
Where a North Ferriby property is co-owned and one of the owners dies, the name will not immediately be removed from the Land Registry title. You are not required to amend the title as in the event of a disposal you would simply be asked to supply proof as to the reason the other owner is missing from the contract, such as the probate documents.
With the aim of making things smoother in the future you may arrange to have the deceased name erased from the title by applying to HMLR with evidence of the death. There is no fee from the Registry for this service.