My wife and I are purchasing an apartment in Ebbw Vale. My property lawyer is not listed on the bank solicitor list. Can I still appoint my Ebbw Vale conveyancing solicitor notwithstanding that they are not on the bank panel of approved conveyancing solicitors?
You have a number of choices available to you here
- Carry on with your chosen Ebbw Vale solicitor but your mortgage company will no doubt use a conveyancer from their approved panel. The net result is additional cost together with probable delay.
- Get a fresh property lawyer to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your solicitor to seek to join the lender panel
Our lawyer has identified a a problem with the lease for the flat we are purchasing in Ebbw Vale. The other side have suggested title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner has advised that he must check that the mortgage company is happy with this solution. Are we the client or is the mortgage company ?
Regardless of the fact that you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the mortgage company are the client. The appropriate lender provisions must be adhered to.
Just had an offer accepted on a new build apartment in Ebbw Vale. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Ebbw Vale
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
How does the Landlord & Tenant Act 1954 affect my business offices in Ebbw Vale and how can you help?
The particular law that you refer to provides security of tenure to business tenants, giving them the legal entitlement to apply to court for a new lease and remain in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Ebbw Vale is one of our hundreds of areas of the UK in which the firms we work with are located
My in 2006. He has got married, widowed and has recently remarried. He now wishes to the sell the Ebbw Vale property. I believe he will simply be requested to provide a copy of the marriage certificates to the solicitor however he is anxious it could frustrate the sale of the apartment. Should he appoint a conveyancer to update the Land Registry information for the property?
The is no need to update the register as long as you have the evidence needed to demonstrate how the name change occurred.
Any buyer’s lawyer should examine the title details and requisition evidence to prove the change of name for example marriage certificates.