My mortgage broker requires my Stourport On Severn law firm’s panel member for the HSBC conveyancing panel. Can you suggest how I obtain this. I have tried my local Stourport On Severn office but they don't know it.
Have you tried speaking to your Stourport On Severn solicitor about this?. They retain a central record lender panel numbers.
My wife and I changing mortgage lender for our penthouse in Stourport On Severn with HSBC. We have a son 18 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this document specific to the HSBC conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your HSBC conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to HSBC. This is solely used to protect HSBC if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of HSBC had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My bank has suggested solicitors on their panel based in Stourport On Severn but I would rather instruct a conveyancing lawyer in Stourport On Severn or nearer to where I live. Are you able to help?
It is by no means the case that all Stourport On Severn conveyancing practitioners are approved and listed on all banks conveyancing panel. Use the above search tool to identify a Stourport On Severn conveyancing firm on the on the mortgage company panel.
My uncle pointed out to me me that in purchasing a property in Stourport On Severn there may be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are a number of properties in Stourport On Severn which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Stourport On Severn should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Completion of my purchase has taken place for my property in Stourport On Severn. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
About to purchase flat in Stourport On Severn. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Stourport On Severn conveyancer is on the Virgin Money conveyancing panel.
Me and my brother have a semi-detached Georgian house in Stourport On Severn. Conveyancing lawyer represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stourport On Severn and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who completed the work.
I have been on the look out for a ground for flat up to £245,000 and identified one close by in Stourport On Severn I like with amenity areas and railway links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Stourport On Severn for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.