I am acquiring a flat in Westgate on Sea. My lawyer has never been on on the bank conveyancing panel. Is it possible for me to use my Westgate on Sea conveyancing solicitor notwithstanding that they are not on the bank approved list?
One must appoint a conveyancer to complete the legal work required when you need a mortgage to buy your property. They will conduct all the necessary due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage paperwork is in order. You may instruct a Westgate on Sea conveyancer of your choice. Nevertheless, if the lawyer appointed is not a member of the lender approved list additional charges will be incurred as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so if your lawyer has not in the past applied for membership they should do so.
When it comes to mortgage companies such as Coventry BS, do Westgate on Sea property lawyers incur a fee to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I currently have a mortgage with Clydesdale for my property in Westgate on Sea. Conveyancing has been completed some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
Your original mortgage agreement with Clydesdale will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel solicitor.
I recently had an offer accepted on a house in Westgate on Sea. My financial adviser recommended their conveyancers. I paid an advanced payment of £175. Not long after, the conveyancer contacted me embarrassingly acknowledging that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A colleague advised me that where I am buying in Westgate on Sea I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Westgate on Sea conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Westgate on Sea around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Westgate on Sea Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Westgate on Sea Education with plans and statistics, Local Amenities and other useful information regarding Westgate on Sea.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who did the conveyancing in Westgate on Sea 10 years ago have long since closed. What are my options?
Gone are the days when you need to have the physical original deeds to prove you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Westgate on Sea I like with amenity areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Westgate on Sea for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I am looking to sell my home. My past lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Westgate on Sea if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Westgate on Sea. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.