Unfortunately I am unable to travel far from Cottingham. Please explain the reason why all Cottingham conveyancing practitioners aren't automatically on all mortgage company panels?
Even though it may seem unfair for lenders to restrict who can act for them, from the public’s or lawyer’s perspective, the flip side is that lending institutions are increasingly anxious and consider it imperative to defend themselves against mortgage fraud. As a result of this concern banks are limiting their panel of approved conveyancing lawyers to a manageable size.
I am planning to acquire a flat and require a conveyancing solicitor in Cottingham who is on the Accord Mortgages Ltd conveyancing. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Accord Mortgages Ltd in certain locations such as Cottingham. We dont recommend any particular firm.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Cottingham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Cottingham
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Due to the advice of my in-laws I had a survey completed on a property in Cottingham before retaining lawyers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks may refuse to give a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cottingham. Conveyancing may be slightly more expensive based on your lender's requirements.
My aunt purchased her house in Cottingham in 2008. She has got married, widowed and is now remarried. She now intends to the sell the Cottingham property. I suspect that she will simply be need to provide a copy of the marriage certificates to the lawyer however she is anxious it will hold up the conveyancing. Is it worth updating the Land Registry details for the house?
The is no need to bring up to date the register on the basis that you have the proof required to show how the change of name occurred.
The purchaser’s conveyancing practitioner will review the registered details and require evidence by way of proof of the change of name e.g. marriage certificates.