My financial adviser requires my Pudsey solicitor’s panel reference for the Nat West conveyancing panel. Can you suggest how I find this out. I have e-mailed my local Pudsey branch but they have not responded to me.
The sensible thing to do is ask for this information from your Pudsey conveyancing practitioner . They maintain a central record lender panel numbers.
I am purchasing a house mortgage free in Pudsey. I have resided for the previous dozen years in Pudsey. Conveyancing searches are exorbitant. As I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then all but one or two of the Pudsey conveyancing searches are optional. Your solicitor will try and steer you, perhaps strongly, that you should have searches done, but he has a professional duty to take that path of advice. Do take into account; if you are intend to sell the house at a future date, it could be of relevance to your future buyer what the searches contain. On occasion properties with apparent issues can still throw up unexpected search results. A competent conveyancing solicitor in Pudsey will be able to give you some practical guidance here.
I am the registered owner of a freehold residence in Pudsey but nevertheless pay rent, why is this and what is this?
It is rare for properties in Pudsey and has limited impact for conveyancing in Pudsey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would prefer to use a high street conveyancing solicitor in Pudsey?
You should check but the the probability is that appoint one of their panel solicitors if you take up the "fee-free" deal. Call the mortgage company to check if they make available a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Pudsey.
Have completed on a a semi-detached house in Pudsey , how long should it take for the Land Registry to register my ownership? My Pudsey conveyancing solicitor has been painfully slow, so I want to be certain the post completion formalities are dealt with.
As far as conveyancing in Pudsey registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can vary depending on who lodges the application, whether there are errors and if the Land registry have to notify any third persons or bodies. At present in the region of 80% of submission are fully dealt with within 12 days but occasionally there can be extensive hold-ups. Historically registration occurs once the purchaser is living at the premises so registration formalities is not usually an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.
Is it true that a Pudsey conveyancing solicitor taken to court by clients for failing to conduct comprehensive conveyancing searches?
We are not aware of such a Pudsey conveyancing matter but according to a recent report, a couple acquiring a property in Cumbria successfully won a claim against their solicitor due to development plans to erect a wind farm failing to be identified in conveyancing searches.
Where you are purchasing in Pudsey It is important that your solicitor conduct all Pudsey conveyancing searches necessary to ensure you have relevant and up to date information before purchasing a home in Pudsey.