I had a mortgage agreed in principle with Principality. Cobham conveyancing lawyers are selected. How long does it take for Principality to send the offer to the conveyancer?
There is no definitive answer here. Have Principality conducted the survey? Have you advised Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have a mortgage with Santander for my property in Cobham. Conveyancing has been completed 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Santander?
Your original mortgage agreement with Santander will provide that you need their approval in advance of renting your property as this is likely to be a breach of Santander’s mortgage conditions. It may be that Santander will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Santander directly. You need not do this via a Santander conveyancing panel solicitor.
About to purchase house in Cobham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Cobham solicitor is on the Principality conveyancing panel.
I have recentlyfound out that Wolstenholmes have closed. They conducted my conveyancing in Cobham for a purchase of a freehold house 9 months ago. How can I check that my home is in my name in the name of the previous owner?
The easiest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cobham conveyancing specialists.
I have been on the look out for a ground for flat up to £235,500 and found one near me in Cobham I like with amenity areas and station nearby, however it only has 49 years on the lease. There is not much else in Cobham in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I'm converting the mortgage on my existing property to a buy to let loan with Virgin Money and I will use the ballance of the raised equity as a deposit on further property. The neighborhood we are looking at is Cobham. Will your lawyers be able to act for the two lenders and link together the transactions?
Make use of our search tool on this page to be sure that the lawyers are approved by both banks. On the basis that they are your conveyancer will be able to tie up the two deals but you should talk with you lawyer and make apparent your expectations and needs.
In my capacity as executor for the will of my uncle I am disposing of a house in Newport but I am based in Cobham. My lawyer (approximately 260 kilometers from mehas requested that I execute a stat dec before completion. Can you recommend a conveyancing solicitor in Cobham who can attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Cobham based