I am helping my aunt sell her property in Corfe Mullen. Will the solicitor commission an EPC or do I organise this?
After the demise of Home Packs, energy assessments was retained a required part of selling a property. An energy assessment must be commissioned prior to the property being marketed. It is not something that conveyancers normally organise. If you are instructing a Corfe Mullen conveyancing lawyer they might be willing to arrange EPC’s due to their relationships with long established Corfe Mullen accredited person
Two weeks ago we had a mortgage agreed in principle with Yorkshire BS. Corfe Mullen conveyancing lawyers were chosen. How long does it take for Yorkshire BS to issue the offer to the property lawyer?
There is no definitive answer here. Have Yorkshire BS done the valuation? Have you informed Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a Corfe Mullen property lawyer on the Leeds Building Society panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Leeds Building Society 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 Leeds Building Society mortgage from the register. Leeds Building Society, 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 Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
Me and my brother have a semi-detached Edwardian property in Corfe Mullen. Conveyancing lawyer represented me and TSB. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for 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 Corfe Mullen and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing lawyer who conducted the purchase.
I'm purchasing my first flat in Corfe Mullen with the aid of help to buy. The developers would not reduce the price so I negotiated 6k of additionals instead. The property agent advised me not disclose to my conveyancer about this side-deal as it may adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Given that I will soon part with over three hundred thousand on 3 bedroom house in Corfe Mullen I would like to have a conversation with the lawyer regarding thehouse move ahead of appointing the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer due to be carrying out your property ownership legalities in Corfe Mullen.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter number. The practices that we put you in touch with believe that the fees you are quoted for residential conveyancing in Corfe Mullen should be the figure that you are charged.
My nephew is about to join the property ladder, he had his mortgage in principle. One the offer was accepted on apartment we called the bank to issue the formal offer. We were very surprised to hear that mortgage companies do not accept all property lawyer, they must be on their panel, is this correct?
Lenders tend to restrict either the type or the number of conveyancing practices on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Corfe Mullen solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.