Me and my wife are buying an apartment in Moseley. My lawyer is not listed on the mortgage company approved panel. Am I still permitted to continue with my Moseley conveyancing solicitor notwithstanding that they are excluded from the bank panel of approved conveyancing solicitors?
You have a number of options open to you here
- Proceed with your existing Moseley lawyer but your bank will need to instruct a property lawyer on their approved list. This will result in additional charges together with potential delay.
- Appoint a fresh conveyancer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Convince your solicitor to pull out all the stops to get listed on the bank’s panel of solicitors
IfI were to acquire a straightforward housein Moseley for cash and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Moseley?
Any savings you would make would be isolated to the disbursement for searches. Your solicitor is required to do the vast majority of work - money laundering, liaising with your sellers lawyer, stamp duty return, register the ownership etc. You might save a bit for them not needing to register a mortgage however it won't be meaningful.
Have just purchased a repossessed house at auction in Moseley. Conveyancing is required. What is next?
Given that you are now to all intents and purposes signed on the dotted line you will need to hire the services of a conveyancing lawyer quickly as you will have a pending a drop dead date to complete the transaction. Every auction property will have an associated legal pack. This should include evidence of title and search results. If you have purchased leasehold property the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You must hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .
A colleague informed me that in purchasing a property in Moseley there could be various restrictions affecting the ability to carry out external changes to a property. Is this right?
There are anumerous of properties in Moseley which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Moseley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all Moseley CQS (Conveyancing Quality Scheme) solicitors are on the Principality conveyancing list of approved solicitors?
Some major banks and building societies now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when buying a residence in Moseley?
Unless a previous purchase of the house took place post 12 October 2013 you may take it that lawyers carrying out conveyancing in Moseley to continue to recommend a chancel search and or insurance against a claim.
I am looking into buying my first house which is in Moseley and I am already nervous. I couldn't find anything specific about Moseley. Conveyancing will be needed in due course but do you know about the Moseley area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Moseley. In the meantime here are some basic statistics that we found