I am hoping to receive a mortgage with Nat West. My intention is to employ the services of a Licensed Conveyancer in Grange Over Sands. Does the Nat West Conveyancing panel include Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Finally the sale completed on my house in Grange Over Sands last November but my buyer keeps SMS messaging every few hours to moan that their conveyancer needs to hear from mine. What should have happened now that I have sold?
Following your sale your solicitor is obliged to send the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your solicitor should also confirm that the mortgage has been paid off to the buyers conveyancers. There are no post completion tasks unique to conveyancing in Grange Over Sands.
The mortgage over my property is with Leeds Building Society for my property in Grange Over Sands. Conveyancing was finalised a year ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
You must advise Leeds Building Society prior to renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies 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 Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel lawyer.
I recently had an offer agreed on an apartment in Grange Over Sands. My financial adviser pressured me to appoint their lawyer. I paid an advanced payment of £175. A couple of days later, the solicitor called me embarrassingly acknowledging that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told three weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Grange Over Sands is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
Have purchased a a terraced house in Grange Over Sands , What is the estimated time for the Land Registry to deal with the formalities evidencing my title? My Grange Over Sands conveyancing solicitor works at snail pace, so I want to be sure the registration is addressed.
There is nothing unique about conveyancing in Grange Over Sands registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd persons or bodies. As of today roughly three quarters of such applications are fully addressed within two weeks but some can be subject to extensive delays. Historically registration occurs once the new owner has moved in to the property so an expedited registration is not usually primary concern yet where there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I need to retain a conveyancing solicitor for residential conveyancing in Grange Over Sands. I happened to discover a site which looks to be the perfect solution If it is possible to get all the legals completed via phone that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?