I am not well enough to travel far from Northwich. Can you please explain the reason why all Northwich conveyancing practitioners are not on all bank panels?
Mortgage companies point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. It resulted in banks and building societies pruning less reputable firms off their panel of approved property lawyers .
We were just about to exchange contracts for a garden flat in Northwich. We have hit a problem. The loan offer with Lloyds TSB Bank runs out on 24/11/2022 but the sellers are insisting on a completion date of 28/11/2022. Is it possible to extend the loan offer?
The person best placed to address this question is your solicitors who is in a position to determine whether he or she is should be discussing with the mortgage company, seller’s conveyancers, selling agents or conceivably all three based on the circumstances your house move to date.
Our bank has recommended a law firm on their panel based in Northwich but I would rather instruct a conveyancing lawyer in Northwich round the corner to me. Can you help?
The minority of Northwich conveyancing practices are on all banks conveyancing panel. Do make use of our find an approved solicitor tool to find a Northwich conveyancing solicitor on the on the bank panel.
My relative advised me that if I am buying in Northwich I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Northwich conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Northwich around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Northwich Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Northwich.
My wife and I purchased a leasehold flat in Northwich. Conveyancing and Clydesdale mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Northwich who previously acted has long since retired. What should I do?
First make enquiries of the Land Registry to make sure that this person is indeed the new freeholder. You do not need to incur the fees of a Northwich conveyancing lawyer to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Northwich - A selection of Queries Prior to Purchasing
It is important to be aware whether a new roof is being put on or some other significant cost is due shortly to be shared between the tenants and could well dramatically impact the level of the service charges or necessitate a one time payment. Where a Northwich lease has no more than eighty years it will affect the salability of the flat. It is worth checking with your bank that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will almost definitely require a lease extension at some point and you need to have some idea of how much this would cost. Remember, in most cases you would need to own the residence for a couple of years before you are eligible to carry out a lease extension. Make sure you discover if there is anything that is prohibited in the lease. By way of example it is fairly common in Northwich leases that pets are not permitted in in a block in Northwich. If you like the propertyin Northwich however your cat is not allowed to make the move with you then you will be presented with a difficult decision.
Can you refer me to a conveyancer for purchasing a bungalow? Ideally someone in Northwich, who will contact me via email - not someone who insists on slow mail or fax.
LenderPanel.com is restricted to being a directory service for property lawyers who wish to be listed as being on the approved conveyancing panel for Santander in certain areas for instance Northwich . Our intention is not to recommend any specific property lawyer.