I am getting a mortgage offer from Lloyds. My intention is to instruct a Licensed Conveyancer in Ventnor. Does the Lloyds Solicitor panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What is the best way to check that the solicitor conducting my conveyancing in Ventnor is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for National Westminster Bank thus spending £187.00 plus VAT in further conveyancing charges.
You should take advantage of the search tool on this site. Please choose the lender and type ‘Ventnor’ or your location and you will be presented with a number of lawyer offices in Ventnor or near you.
I have todaybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Ventnor for a purchase of a leasehold flat 12 months ago. How can I check that my home is in my name in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ventnor conveyancing specialists.
How does conveyancing in Ventnor differ for newly converted properties?
Most buyers of new build property in Ventnor come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Ventnor tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Ventnor or who has acted in the same development.
I am looking for a ground for flat up to £305k and found one near me in Ventnor I like with amenity areas and transport links nearby, however it's only got 61 years unexpired on the lease. I can't really find anything else in Ventnor suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage the shortness of the lease may be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I need to appoint a conveyancing solicitor for my conveyancing in Ventnor. I have land on a web site which appears to be the perfect solution If there is a chance to get all the legals done via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?