Would the conveyancing solicitors revealed through your ’find a lawyer’ app perform right to buy conveyancing in Redditch?
We have identified numerous conveyancing conveyancers who can handle right to buy conveyancing matters You should contact us to secure a conveyancing quote.
Can I use your services to recommend a Conveyancing solicitor in Redditch even if I’m not purchasing or disposing of a house, for instance where I intend to acquire a shop in Redditch with a mortgage from Chelsea Building Society?
Our search tool is mainly used to select domestic conveyancing solicitors in Redditch but we have set out towards the end of this page a selection of Redditch commercial conveyancing firms. You should enquire with the solicitors directly to check if they can also act for Chelsea Building Society
Please explain the implications if my solicitor is removed from the Nottingham Solicitor panel ahead of completing my conveyancing in Redditch?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
My wife and I are buying a apartment in Redditch. It might be a silly question but how we can trust a solicitor? On the day of competition we have to put funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I happen to be the sole recipient of my late grandmother’s will and I have everything in my name alone, including the my former home in Redditch. Conveyancing formalities meant that the Land Registry date was in December. I plan to dispose of the house. I do know about the CML six month 'rule', which means that my proprietorship could be considered the same way as if I'd bought the property in December. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How sensible a view mortgage companies take of it, depend on the bank as this requirement principally exists to pick up on the purchase and immediately sell or the flipping of properties.
The mortgage over my property is with Clydesdale for my property in Redditch. Conveyancing has been completed months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
Clydesdale must be informed of your intention in advance of letting out your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. You need not do this via a Clydesdale conveyancing panel solicitor.
Will our lawyer be asking questions about flooding as part of the conveyancing in Redditch.
Flooding is a growing risk for solicitors conducting conveyancing in Redditch. There are those who purchase a property in Redditch, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, however there are a number of searches that can be carried out by the buyer or by their lawyers which can give them a better understanding of the risks in Redditch. The standard information given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the vendor to discover whether the premises has suffered from flooding. If the property has been flooded in past and is not revealed by the vendor, then a purchaser could bring a compensation claim as a result of such an misleading reply. The buyer’s conveyancers may also commission an enviro report. This will higlight whether there is a recorded flood risk. If so, additional investigations will need to be carried out.
Due to the input of my in-laws I had a survey completed on a house in Redditch ahead of appointing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies may refuse to issue a loan on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Redditch. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Redditch to see if the conveyancing costs will increase in light of this.