My IFA requires my Yate law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Yate branch but they have not responded to me.
You are best placed to get this information from your Yate lawyer . Most Yate law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
Finally the sale completed on my house in Yate last September yet the purchaser is Skype messaging me to say his solicitor needs to hear from mine. What are the post completion sale legalities now that I have sold?
Following your house sale your conveyancer is committed to forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer should also evidence that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Yate.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Yate?
Two types of professional can execute conveyancing in Yate namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that required to complete the disposal or acquisition of property. Both are required to conduct Yate conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally carried out and that the necessary procedures should be correctly adhered to.
I'm the single recipient of my late grandmother’s estate with all property in now in my sole name, including the my former home in Yate. The Yate property was put into my name in December. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my proprietorship could be considered the same way as if I'd bought the property in December. Do I have to wait 6 months to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How practical a view mortgage companies take of it, depend on the mortgage company as this provision is principally there to identify subsales or the flipping of properties.
I had a mortgage agreed in principle with Virgin Money. Yate conveyancing lawyers are instructed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
Some lenders take longer than others. Have Virgin Money completed the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I purchased my home on 4 January and my personal details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Yate advises it will be registered in a couple of weeks. Are titles in Yate particularly slow to register?
There is nothing unique about conveyancing in Yate registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry communicate with any other persons or bodies. As of today approximately 80% of submission are fully addressed within 12 days but occasionally there can be longer delays. Historically registration is effected once the new owner is living at the property so 'speed' is not typically primary concern but where there is a degree of urgency associated with the registration then you or your solicitor must contact the land registry and explain the circumstances.
I opted to have a survey done on a house in Yate before instructing solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some lenders will not give a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Yate. Conveyancing may be slightly more expensive based on your lender's requirements.
I am selling my house. My past solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Yate if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Yate. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.