My flat in Blaenavon is up for sale and I have a buyer. Will the solicitor need to be required to be on the Co-operative conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Co-operative conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
I am aiming to move home in March. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Blaenavon. Conveyancing solicitor was organised prior to coming across this page.
On the day of completion you will need to collect the keys from your estate agent however this can only happen once the vendors lawyers inform the agent that they have the completion monies and the keys can be passed over. Subsequently you can advise the removal men that you are ready to move in. We do not recommend a particular removal organisation but can assist you in choosing a residential property solicitor in Blaenavon or a lawyer with expertise in conveyancing in Blaenavon.
When it comes to mortgage companies such as Aldermore, do Blaenavon solicitors have to pay an annual charge to be on the conveyancing panel?
We are not aware of any lender fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I am purchasing a property in Blaenavon. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
Given that you are obtaining a mortgage with Skipton your lawyer must comply with the formal requirements set out in Part two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook stipulates minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Skipton where a lease does not comply with these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Blaenavon.
five months have elapsed since my purchase conveyancing in Blaenavon took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Just had an offer accepted on a new build flat in Blaenavon. Conveyancing is daunting 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 conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Blaenavon
Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. 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.
I have just become aware that one of the directors of the law firm acting on the purchase conveyancing in Blaenavon is an aunty of the owners that we are buying from. Is this acceptable?
As long as there is no conflict of interest this is permitted. If you are obtaining a home loan then the bank may have a say as many lenders have specific requirements on this. For example for Nationwide Building Society as of 9/2/2019, the requirements read as follows :