I am refinancing my property in Waterloo, does my lawyer have to be on the Coventry BS Conveyancing panel?
There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
My wife and I have a semi-detached Victorian house in Waterloo. Conveyancing lawyer represented me and Clydesdale. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Clydesdale to clarify?
You need to review the Freehold register you have again and check the Charges Register for 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 Waterloo and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing practitioner who conducted the purchase.
Just had an offer accepted on a new build apartment in Waterloo. Conveyancing is necessary evil 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 legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Waterloo
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Please confirm the Lease plans are architect prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Waterloo is the location of the property. Can you offer any assistance?
Flying freeholds in Waterloo are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Waterloo you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waterloo may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm converting the mortgage on my existing house to a buy to let loan with Birmingham Midshires and I will use the ballance of the raised equity towards another house. The area we are interested in is Waterloo. Will your conveyancers be able to act for the two banks and link together the two deals?
Make use of our comparison tool on this page to check that the lawyers are on the relevant lender panels. Having checked that they are the conveyancer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you lawyer and specify your desired outcome and requirements.
My husband and I are four weeks into a leasehold purchase having been recommend to a firm by the high street agent to perform conveyancing in Waterloo. I am am starting to be disappointed with the quality of service. Can you help me find new conveyancers?
They would have to be very poor to suggest replacing them. Has your loan offer been sent? If so you must advise them of the new contact details and ensure the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the mortgage company panel to avoid escalating charges and complications. So that should be your first question of the new solicitors. The find a solicitor tool will assist you in finding a lender approved conveyancer for your conveyancing in Waterloo