We are planning to purchase with Melton Mowbray Building Society. We have called around locally yet cant to find a Lutterworth conveyancing firm on the Melton Mowbray Building Society panel. Can you assist?
Feel free to take advantage of the search tool on this site. Pick the lender and type Lutterworth or your preferred area and you will be presented with a number of lawyer based in Lutterworth or by proximity to you.
I am buying a property in Lutterworth. A rare aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Skipton your lawyer must check the formal instructions set out in Part 2 of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and lawyers are required to report to Skipton where a lease fails to meet these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Lutterworth.
I have decided to exercise my right to buy my property in Lutterworth off the council. I have a mortgage offer with Nationwide. Conveyancing is new to me. 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 Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
The mortgage over my property is with RBS for my property in Lutterworth. Conveyancing has been completed months 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 RBS?
RBS must be informed of your intention in advance of letting out your property as this is likely to be a breach of RBS’s mortgage conditions. It may be that RBS 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 RBS directly. It should not be necessary to do this via a RBS conveyancing panel firm.
I moved into my house on 3 September and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Lutterworth advises it will be recorded in less than a month. Are titles in Lutterworth uniquely lengthy to register?
There is nothing unique about conveyancing in Lutterworth registration formalities. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd persons or bodies. Currently roughly three quarters of such applications are completed within two weeks but occasionally there can be longer hold-ups. Historically registration is effected once the buyer is living at the premises therefore 'speed' is not always an essential issue but where there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.
I decided to have a survey carried out on a house in Lutterworth prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may refuse to give a loan on such a property.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you e-mail us we can check via 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 Lutterworth. Conveyancing may be slightly more expensive based on your lender's requirements.
My father-in-law has suggested that I use his lawyers for conveyancing in Lutterworth. Do I take his advice?
No doubt the ideal way to select a conveyancing solicitor is to seek referrals from friends or family who have used the solicitor you're contemplating using.