Can the conveyancing lawyers that you recommend perform conveyancing in Beeston by way of an attended exchange?
There are a few conveyancing experts who can conduct personalised exchanges. You should contact us to secure a fee calculation and details as to dates.
I'm the only beneficiary of my late grandmother’s will with all property in now in my sole name, including the house in Beeston. Conveyancing formalities meant that the Land Registry date was in July. I want to move. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship may be considered the same way as if I'd bought the property in July. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. How sensible a view banks take of it, depend on the lender as this requirement is chiefly there to capture the purchase and immediately sell or the wholesaling and assigning of property.
is it true that all Beeston solicitor practices on the HSBC conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the HSBC approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do permit licenced conveyancers on their panel in which case such practice would be governed by the CLC.
I have decided to exercise my right to buy my property in Beeston off the council. I have a mortgage offer with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
My wife and I own a terraced Georgian property in Beeston. Conveyancing solicitor acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should assess 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 Beeston and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing lawyer who completed the work.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Beeston is where the house is located. Is there any advice you can impart?
Flying freeholds in Beeston are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Beeston you would need to get your solicitor to go 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 Beeston may ascertain 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 primary home to a buy to let mortgage with Barclays Direct and intend to use the remaining equity towards further property. The neighborhood we are talking about is Beeston. Will your conveyancers be able to act for both sets of banks and link together the transactions?
Make use of our comparison tool on this page to check that the lawyers are approved by both lenders. On the basis that they are the conveyancer should be able to connect the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and needs.