Are the Washington conveyancing solicitors identified as being on the TSB conveyancing panel, together with their details provided by TSB?
Washington conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
We just had an offer accepted to buy with Darlington Building Society. I called into a couple of local practices but am unable to find a Washington conveyancing firm on the Darlington Building Society approved list. Please you assist?
You should take advantage of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type Washington or your preferred area and you will discover numerous solicitors located in Washington or nearest you.
I am being advised by my lawyer that chancel insurance is needed on my purchase. What is the level of cover for Washington conveyancing?
The right level of chancel indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Leeds Building Society. Conveyancing practitioners as opposed to members of the public take out such policies.
I'm the single recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in Washington. The Washington property was put into my name in March. I want to move. I understand that there is a CML 6 month 'rule', which means that my property ownership will be considered the same way as though I had purchased the property in March. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. many lenders would take a pragmatic view as this requirement is principally there to identify subsales or the flipping of property.
I am buying a property in Washington. One unusual aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Yorkshire BS your lawyer must comply with the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Yorkshire BS where a lease does not comply with these conditions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Washington.
Are there restrictive covenants that are commonly identified during conveyancing in Washington?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Washington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £305k and found one round the corner in Washington I like with open areas and railway links in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Washington suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
We're novice buyers - agreed a price, yet the estate agent has warned us that the vendor will only move forward if we instruct the agent's recommended solicitors as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer used to conveyancing in Washington
It is highly unlikely the owners are behind this. If they want ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Try to communicate with the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Washington conveyancing solicitors - not the ones that will give their negotiator at the agency a referral fee or achieve conveyancing thresholds pre-set by HQ.