I have decided to exercise my right to buy my property in Kirkby off the council. I have a mortgage offer with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I was told three weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Kirkby is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Our offer on a detached house in Kirkby has been agreed to, but there is a chain. The owners have placed an offer on on an apartment, however it’s not yet agreed to, and have viewings of other apartments booked. I have instructed a nearby conveyancing solicitor in Kirkby. What do I do now? When do I get the mortgage application with Co-operative started?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is in the region of one thousand pounds, then survey, Kirkby conveyancing search costs, etc). The first course of action is to ensure that your lawyer is on the Co-operative conveyancing panel. Concerning the next phase this very much dictated by the circumstances of your transaction, desire for the property and on the state of the market. During a buoyant market the majority of home buyers will apply for a home loan with Co-operative and pay for the valuation and only if it was satisfactory would they pay their lawyer to proceed with the conveyancing in Kirkby.
3 months have gone by since my purchase conveyancing in Kirkby concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Kirkby prior to instructing solicitors. I have been told that there is a flying freehold element to the house. The surveyor advised that some lenders will refuse to grant a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you contact us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Kirkby. Conveyancing may be slightly more expensive based on your lender's requirements.
Taking into account that I will soon spend hundreds of thousands of pounds on 3 bedroom house in Kirkby I wish to talk to a lawyer concerning theconveyancing prior to appointing the firm. Can this be arranged?
This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you liaising with the conveyancer due to be carrying out your conveyancing in Kirkby.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter reference. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Kirkby should be the figure that you are charged.
Should local authority permission be required to convert a single dwelling into multiple appartments in Kirkby? This has taken place to a property next door to my house in Kirkby and was not aware of the conversion until the works were finished.
Planning consent is needed for converting a single dwelling in Kirkby into apartments but possibly not for reverting once again to single dwelling-house so, in answer to your query, yes.