Me and my partner are intending to acquire a 2 bedroom apartment in West Moors with a mortgage. We would like to retain our West Moors conveyancer, but the lender advise she’s not on their "panel". We have to appoint one of the mortgage company panel firms or continue with our West Moors conveyancer and pay for one of their panel firms to represent them. We regard this is inequitable; are we not able to require that the bank use our West Moors lawyer ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your West Moors conveyancing solicitor to apply to be on the conveyancing panel.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a house in West Moors? or I am told that there is a law dating back centuries that means some homeowners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this relevant for conveyancing in West Moors?
Unless a previous purchase of the house took place after 12 October 2013 you can take it that solicitors handling conveyancing in West Moors to continue to advocate a chancel search and or chancel repair liability insurance.
The estate agent has sent us the confirmation of our purchase of a new build apartment in West Moors. 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 legal work.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in West Moors
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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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have been on the look out for a leasehold apartment up to £235,500 and identified one near me in West Moors I like with open areas and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in West Moors in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
How do I search for a West Moors law firm on the Platform Home Loans Ltd conveyancing panel? I have a car and am willing to travel upto 20miles to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a bank and your location and you will see a number of West Moors conveyancing lawyers based on proximity. We have listed some West Moors conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Platform Home Loans Ltd panel
We are about to purchasing a flat in West Moors. Could the property lawyer keep our transaction price private from the likes of Zoopla. How do I ensure this is not noted?
HM Land Registry are legally obliged to note price sold data on a register of the title for domestic properties countrywide which includes properties in West Moors. The Title Register is an open document, so HM Land Registry would be breaching their statutory obligations if they did not allow access to the register.
In essence you can ask HM Land Registry to withhold the amount paid data however the answer would be a No.