I am obtaining a offer of a home loan from Nat West. My intention is to enlist the help of a Licensed Conveyancer in Wigton. Does the Nat West Conveyancing panel allow for conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What does a local search reveal about the property my wife and I purchasing in Wigton?
Wigton conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for instance PSG The local search is essential in every Wigton conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Wigton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Wigton
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. 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.
I am looking for a flat up to £245,000 and found one round the corner in Wigton I like with open areas and railway links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Wigton suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could ask them to 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 consult your conveyancing solicitor about this matter.
As co-executor for the will of my aunt I am selling a residence in Neath but reside in Wigton. My lawyer (who is 250 miles awayrequires that I sign a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Wigton who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are Wigton based
I have read on numerous online forums that before choosing a conveyancing solicitors they need approved by your lender. This is my first home move but I have an AIP with Virgin Money and I already have a bricks and morter conveyancing solicitor in Wigton on standby. Does Halifax need an approved solicitor to be used? Does a directory of panel conveyancers even exist so I can appoint a conveyancing solicitor in Wigton?
You need to use a solicitor that is on the Halifax panel. Simply telephone your preferred Wigton conveyancing lawyer and ask if they are on the Halifax panel. If they are not on the panel you have a number of choices open to you here:
- Proceed with your preferred Wigton solicitor but Halifax will no doubt appoint a conveyancing practitioner from their approved panel. The net result is additional cost and potential delay.
- Choose a new property lawyer to conduct the conveyancing, ensuring that they are on the Halifax conveyancing panel.
- Appeal to your property lawyer to seek to join the lender panel.