My aunt pointed out to me me that in buying a property in Codsall there may be a number of restrictions prohibiting external changes to a property. Is this right?
There are anumerous of properties in Codsall which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Codsall should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm the sole recipient of my late father’s will and I have everything in my name now, including the house in Codsall. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the property. I do know about the CML six month 'rule', which means that my property ownership could be regarded the same way as though I had purchased the house in March. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this obligation is chiefly there to pick up on the purchase and immediately sell or the quick reselling of properties.
I have paid off my mortgage with Clydesdale. I assume I don't need a Codsall conveyancer on the Clydesdale panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
We are close to exchanging contracts on the sale of our property in Codsall and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Codsall conveyancer would know that there is no such problem. It does beg the question why the purchasers are using an online conveyancing firm as opposed to a conveyancing solicitor in Codsall. We have lived in Codsall for six years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I used Stirling Law a few years past for my conveyancing in Codsall. I now require my papers but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Codsall of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Codsall differ for newly converted properties?
Most buyers of new build property in Codsall come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is constructed. This is because builders in Codsall usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Codsall or who has acted in the same development.
I decided to have a survey carried out on a property in Codsall prior to appointing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders may not give a mortgage on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Codsall. Conveyancing may be slightly more expensive based on your lender's requirements.