We wanted to use a property lawyer in Chinnor for our house move. Our financial adviser has since notified us that our mortgage lenders Norwich and Peterborough Building Society won't deal with them. Surely this is unfair competition?
Mortgage Companies in the main imposes restrictions either the category or the number of conveyancing practices on their member panel. A common example of such restriction(s) being that a firm must not be a sole practitioner. As well as restricting the type of firm, a few banks have limited the amount of firms they allow to act for them. Be aware that Norwich and Peterborough Building Society have no responsibility for the quality of advice provided by any member of Norwich and Peterborough Building Society Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago even though there remains mixed opinions concerning the extent of solicitor involvement in some of that fraud. Data from the Land Registry reveal that thousands of law firms, including some in or near Chinnor only conduct one or two conveyances a year.
I need some quick conveyancing in Chinnor as I am faced with a deadline to complete inside 4 weeks. Luckily I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a cash purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Chinnor the following are examples of what can arise and therefore affect future mortgageability: Enforcement Actions, Overdue Fees, Overdue Grants, Railway Schemes,...
Have completed on a a terraced house in Chinnor , What is the estimated time for the Land Registry to record my ownership? My Chinnor conveyancing solicitor works at snail pace, so I want to be certain that my ownership is recorded.
There is nothing unique when it comes to conveyancing in Chinnor registration formalities. Rather than based on location, timeframes can adjust according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any third parties. As of today roughly three quarters of such applications are completed in less than three weeks but some can be subject to protracted hold-ups. Historically registration takes place after the purchaser is living at the property so an expedited registration is not typically top priority but if it is urgent that the the registration takes place urgently then you or your lawyers could contact the land registry and explain the circumstances.
Due to the advice of my in-laws I had a survey completed on a house in Chinnor ahead of appointing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies will not issue a loan on this type of premises.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chinnor. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chinnor to see if the conveyancing will be more expensive.
How do I discover who owns a property in Chinnor?
On the basis that the premises is recorded at HMLR, and you have the information of the location of the premises, you should be able to view details from the the Land Registry of the registered owner for a a minimal charge.