I am the single beneficiary of my late grandmother’s estate and I have everything in my name alone, including the house in Little Hulton. The Little Hulton property was put into my name in March. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the property in March. Do I have to wait 6 months to sell?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. Some lenders would take a pragmatic view as this requirement chiefly exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.
I am purchasing a property in Little Hulton. A rare aspect is that the roof has a solar panel. Virgin Money 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 Virgin Money your lawyer must follow the conveyancing instructions contained in Section two of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum specifications for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease does not meet these requirements. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Little Hulton.
I have paid off my mortgage with TSB. I assume I don't need a Little Hulton solicitor on the TSB panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
My wife and I purchased a 4 bedroom Georgian property in Little Hulton. Conveyancing practitioner acted for me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be 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 Little Hulton and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with your conveyancing solicitor who conducted the work.
In what way can the Landlord & Tenant Act 1954 affect my commercial offices in Little Hulton and how can your lawyers assist?
The 1954 Act gives protection to business lessees, giving them the dueness to make a request to court for a new lease and continue in occupation at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Little Hulton is one of our hundreds of areas of the UK in which the firms we work with are based
We're first time buyers - agreed a price, yet the agent advised that the owners will only move forward if we instruct their recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a family conveyancer who is accustomed to conveyancing in Little Hulton
We suspect that the owner is not behind this requirement. Should the vendor desire ‘a quick sale', alienating a motivated buyer is not the way to achieve this. Contact the owners directly and make sure they comprehend that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to appoint your own,trusted Little Hulton conveyancing solicitors - rather thanthose that will give the estate agent a introducer fee or hit his conveyancing figures set by head office.
What is the best way of identifying a value for money conveyancing in Little Hulton?
Option 1 is to ask the people you trust who they would recommend. Second, use a search tool on the internet for conveyancing in Little Hulton. Phone a couple or more firms from the list and request that they send you their conveyancing quote and speak to the lawyer who will conduct your conveyancing before you make your decision. Option 3 is to use our search tool to assist you in finding the right lawyers taking into account your unique factors including location,speed, complexity and who the proposed mortgage company is.Resist the temptation to appoint £99 conveyancing solicitors in Little Hulton