I happen to be the sole beneficiary of my late mum's estate and I have everything in my name now, including the my former home in Brierley Hill. The Brierley Hill property was put into my name in September. I now wish to sell up. I do know about the CML six month 'rule', meaning my property ownership could be regarded the same way as though I had purchased the property in September. Will no one buy the property for half a year?
The CML handbook requires 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 affected by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this clause chiefly exists to identify subsales or the flipping of property.
My wife and I have arranged a further advance on our home loan from UBS as we intend to carry out improvements to our home in Brierley Hill. Do we need to select a high street Brierley Hill solicitor on the UBS conveyancing panel to handle the paperwork?
UBS do not ordinarily require firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS list.
We have agreed to purchase a house in Brierley Hill. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As you are obtaining a mortgage with Virgin Money your lawyer must check the formal requirements outlined in Part 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease does not meet these requirements. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Brierley Hill.
I need some quick conveyancing in Brierley Hill as I have an ultimatum to complete inside one month. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not taking a home loan you are at liberty not to have searches carried out although no lawyer would suggest that you don't. Drawing on years of experience of conveyancing in Brierley Hill the following are examples of what can crop up and adversely affect future mortgageability: Enforcement Actions, Outstanding Fees, Overdue Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Brierley Hill?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Brierley Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm remortgaging my existing home to a BTL mortgage with Bank of Scotland and intend to use the remaining equity as a down payment on another property. The location we are talking about is Brierley Hill. Will your conveyancers be able to act for both sets of mortgage companies and link together the transactions?
Do use our search tool on this page to be sure that the conveyancers are approved by both banks. On the basis that they are your conveyancer should be able to tie up the two transactions but you should talk with you conveyancer and specify your expectations and needs.
Is it best to appoint a Brierley Hill conveyancing solicitor who is local to the property I am purchasing? An old friend can deal with the conveyancing but his firm is located a couple of hundredkilometers away.
The primary upside of using a local Brierley Hill conveyancing practice is that you can pop in to sign paperwork, hand in your ID and apply pressure on them where appropriate. Having local Brierley Hill know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and in the main were content that should trump using an unknown Brierley Hill conveyancing solicitor just because they are round the corner.