I'm the only beneficiary of my late grandmother’s will and I have everything in my name alone, including the house in Boldon Colliery. The Boldon Colliery property was put into my name in June. I want to move. I do know about the CML six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in June. Is the property unsalable for six months?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. How sensible a view lenders take of it, depend on the mortgage company as this obligation principally exists to capture the purchase and immediately sell or the quick reselling of properties.
Can I be sure that the Boldon Colliery conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Boldon Colliery seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your conveyancing.
I am due to exchange contracts on my house. I had a double glazing fitted in July 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Skipton are being a right pain. The Boldon Colliery solicitor who is on the Skipton conveyancing panel is recommending indemnity insurance as a solution but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
It has been 4 months following my purchase conveyancing in Boldon Colliery completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Boldon Colliery is where the house is located. Can you offer any guidance?
Flying freeholds in Boldon Colliery are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Boldon Colliery you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Boldon Colliery 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 am looking into buying my first house which is in Boldon Colliery and I am already nervous. I couldn't find anything specific about Boldon Colliery. Conveyancing will be needed in due course but do you know about the Boldon Colliery area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Boldon Colliery. In the meantime here are some basic statistics that we found
My mum and dad cant seem to find their Boldon Colliery land registry title on the online search facility. They have a vague recollection back in the 70’s when they purchased the bungalow there were complications with Boldon Colliery not being recognised in some systems.
The vast majority of premises in Boldon Colliery should be revealed. Have you limited your search with just the postcode. Usually it should mention all the houses and flats within the postcode. Assuming the property is recorded it will be there with a title number. If they bought back in the 60’s it's conceivable it may be unregistered. The property may still be revealed but with the title number identified as 'na'. In this scenario you will need to find the original title deeds which may be with your parent’s lender.