Finally the sale completed on my house in Shenley last February but our buyer keeps e-mailing every few hours to moan that his lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
After completion of your disposal your solicitor should forward the transfer documentation and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer should also send confirmation that the mortgage has been discharged to the purchasers lawyers. There is unlikely to be post completion steps just for conveyancing in Shenley.
Is there a list of Coventry BS panel solicitors in Shenley on the Building Society Association’s Website?
No. There is no such tool on the CML or Building Society Association websites. Very few lending institutions make their panel listings open the public online. Where you are in need of a Shenley conveyancer on the Coventry BS please use our facility.
We have agreed to purchase a house in Shenley. One unusual aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Nationwide your lawyer must check the formal instructions contained in Section 2 of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Nationwide where a lease fails to meet these provisions. The specifications relate to the installation of panels on properties nationwide and is not limited to Shenley.
UBS have agreed my mortgage in principle, my bid on a property in Shenley has been accepted, what happens next?
The property agent will need to know who your solicitors are (make sure the property lawyers are on the lender’s approved list). Telephone UBS or the broker and finalise any relevant documentation. UBS will sellect a valuer who will get in touch with the selling agent or vendor to book an appointment. Once carried out (assuming no problems) it takes on average ten days to get a mortgage offer. UBS will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Shenley.
About to purchase a new build apartment in Shenley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Shenley
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I am looking for a ground for flat up to £195,000 and identified one close by in Shenley I like with amenity areas and transport links nearby, the downside is that it only has 52 years on the lease. There is not much else in Shenley for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
I'm refinancing my primary house to a BTL loan with Coventry Building Society and intend to use the remaining equity towards further house. The neighborhood we are talking about is Shenley. Will your conveyancers be able to act for both sets of mortgage companies and tie in the two deals?
Do use our comparison tool on this site to ensure that the solicitors are approved by both lenders. Having checked that they are your solicitor should be able to tie up the two transactions but you should talk with you lawyer and specify your desired outcome and requirements.
My husband and I are one month into a leasehold purchase having been recommend to conveyancers by the estate agent to perform conveyancing in Shenley. I am am extremely disappointed with the level of service. Could you help me find new conveyancers?
They would need to be really bad in order to consider replacing them. Has your mortgage been issued? If so you must make them aware of the new contact details and ensure the loan are issued to the new lawyers. Your conveyancer needs to be on the lenders approved list to avoid escalating fees and delays. So that should be your first question of the new solicitors. The search tool should assist you in finding a lender approved solicitor for your home move in Shenley