I am the only beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Heathfield. The Heathfield property was put into my name in January. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership will be regarded the same way as though I had purchased the house in January. Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. Most lenders would take a sensible view as this requirement chiefly exists to pick up on subsales or the wholesaling and assigning of properties.
Two weeks ago we had a mortgage agreed in principle with Yorkshire BS. Heathfield conveyancing practitioners have been instructed. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?
There is no definitive answer here. Have Yorkshire BS conducted the valuation? Have you informed Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Heathfield. A rare aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Nationwide your lawyer must check the conveyancing requirements set out in Part two of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and solicitors are required to report to Nationwide where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Heathfield.
We are purchasing a property and the conveyancer has referenced Chancel Repair for which the house may be obligated to contribute to as it falls into the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Heathfield
Unless a previous acquisition of the house took place post 12 October 2013 you could take it that conveyancing practitioners conducting conveyancing in Heathfield to remain encouraging a chancel search and or chancel repair liability policy.
I am buying a new build house in Heathfield with a mortgage from Bank of Ireland. The builders would not move on the amount so I negotiated five thousand pounds worth of extras instead. The sale representative advised me not reveal to my conveyancer about this side-deal as it would jeopardize my loan with Bank of Ireland. 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.
How difficult is it to swap firm as I need to instruct a firm on the Birmingham Midshires conveyancing list. I had appointed a local conveyancing solicitor in Heathfield round the corner but he is not accepted by Birmingham Midshires
It would be our pleasure to help you select a conveyancing solicitor in Heathfield on the Birmingham Midshires panel. Please note that the conveyancers that we work with do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Heathfield. Using the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Heathfield.
What advice can you give us when it comes to choosing a Heathfield conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Heathfield conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with two or three firms including non Heathfield conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
How experienced is the firm with lease extension legislation? What volume of lease extensions has the firm carried out in Heathfield in the last 12 months?
Heathfield Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
How many years remain on the lease? Is there a share of the freehold? Who takes responsibility for maintaining and repairing the building?