Are the BSA planning on creating a online directory to to identify firms on the Earl Shilton BS conveyancing panel for instance in Houghton Le Spring?
Lexsure has not been advised of any plans on the part of the BSA to promote such a search facility.
A relative informed me that in purchasing a property in Houghton Le Spring there could be a number of restrictions preventing external changes to the property. Is this right?
We are aware of anumerous of properties in Houghton Le Spring which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Houghton Le Spring should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously chose conveyancing lawyers located in Houghton Le Spring on the Barclays solicitor panel. They are now charging me an additional fee for dealing with the Barclays mortgage. Is this a supplemental conveyancing fee specified by Barclays?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer can levy a fee for this. This fee is not dictated by Barclays but by your Houghton Le Spring conveyancer. Numerous firms on the Barclays panel will quote an ‘acting for lender’ fee but many practices include it on their overall fee.
I was told three weeks ago that my mortgage has been agreed to by Coventry BS. Is it usual for Coventry BS to only issue the offer once my solicitor in Houghton Le Spring is approved on their conveyancing panel? Coventry BS have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I own a terraced Georgian house in Houghton Le Spring. Conveyancing practitioner acted for me and Barnsley Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Houghton Le Spring and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing lawyer who conducted the purchase.
I opted to have a survey done on a house in Houghton Le Spring in advance of instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some banks may refuse to give a loan on this type of premises.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. If you e-mail us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Houghton Le Spring. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Houghton Le Spring to see if the conveyancing costs will increase in light of this.
I have just found out that one of the directors of the firm handling the purchase conveyancing in Houghton Le Spring is an uncle of the owners that we are buying from. Is this allowed?
Provided there is no conflict of interest this should be fine. Where you are obtaining a home loan then the mortgage company may have a say as many mortgage companies have specific requirements concerning this. For example for RBS (One Account) as of 23/5/2020, the requirements read as follows :