I am hoping to receive a offer of a home loan from Halifax. I intend to use a Licensed Conveyancer in Redruth. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We note that you have a post code search directory listing law firms on the Aldermore conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Redruth?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Redruth.
We are purchasing a 4 bedroom semi-detached house in Redruth. Our aim is to an extension at the rear at the property.Will legal due diligence on the property include checks to see if these alterations are permitted?
Your solicitor will check the deeds as conveyancing in Redruth will sometimes identify restrictions in the title documents which prohibit certain alterations or require the permission of another owner. Many works need local authority planning permissions and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
I have paid off my mortgage with Nottingham. I assume I don't need a Redruth solicitor on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham 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 Nottingham mortgage from the register. Nottingham, 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 Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I was told three weeks ago that my mortgage has been agreed to by Nationwide. Is it usual for Nationwide to only issue the offer once my solicitor in Redruth is approved on their conveyancing panel? Nationwide have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been on the look out for a flat up to £195,000 and identified one near me in Redruth I like with amenity areas and railway links nearby, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Redruth in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan that many years may be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I am a sole trader hoping to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering competitive costs for commercial conveyancing in Redruth for below 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Redruth, including the sale and purchase of businesses as well as simply property. Whether you are looking to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the fees these will vary based on the structure and nuances of the deal. Please provide us with your contact information or call us so that we can furnish you with a fixed commercial conveyancing calculation.
How does one as executor remove a deceased person's details from the title register for a property in Redruth?
If a Redruth property is jointly owned and one of the owners dies, the name will not automatically be removed from the Land Registry title. It is not necessary to amend the title as when it comes to a disposal you would simply be asked to supply proof as to the reason the other owner is missing from the conveyance, usually this is in the form of the probate documents.
With the aim of making the sale conveyancing simpler in the future you may apply to have the deceased party removed from the title by submitting an application to the land registry with evidence of the death. There is no land registry fee payable.