I am expecting a mortgage offer from Halifax. My intention is to use a Licensed Conveyancer in Brampton. Does the Halifax Conveyancing panel exclude Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Are the Brampton conveyancing solicitors identified as being on the TSB conveyancing panel, together with their details provided by TSB?
Brampton conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
I own a terraced Edwardian property in Brampton. Conveyancing solicitor acted for me and The Mortgage Works. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Brampton and other areas of 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 purchasers. You can also question the situation with your conveyancing practitioner who conducted the conveyancing.
I am looking for a leasehold apartment up to £245,000 and found one round the corner in Brampton I like with open areas and transport links in the vicinity, however it's only got 52 years on the lease. There is not much else in Brampton in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage that many years may be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 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 with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
I'm refinancing my primary house to a buy to let loan with Barclays and I will use the ballance of the raised equity as a down payment on further property. The location we are talking about is Brampton. Will your lawyers be able to act for the two banks and tie in the two deals?
Make use of our comparison tool on this page to check that the conveyancers are approved by both banks. Assuming that they are your lawyer should be able to tie up the two transactions but you should talk with you lawyer and specify your expectations and needs.