Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Mountsorrel is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus spending £175.00 in another set of legal costs.
Feel free to take advantage of the search tool on this page. Please choose the mortgage company and type ‘Mountsorrel’ or your location and you will be presented with numerous solicitors located in Mountsorrel or near you.
Forgive me if this question is silly but I am unseasoned as a first time buyer of a ground floor flat in Mountsorrel. Do I collect the keys to the house on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Mountsorrel?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the completion advance to the seller's lawyers, and shortly after the monies have arrived, you will be able to collect the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
We had selected solicitors locally in Mountsorrel on the Aldermore solicitor panel. They are now charging me a further fee for dealing with the Aldermore mortgage. Is this an additional conveyancing fee specified by Aldermore?
Provided it is contained in their Terms of Engagement or estimate then yes your property lawyer is entitled to charge a fee for this. This charge is not dictated by Aldermore but by your Mountsorrel conveyancing practitioner. Some firms on the Aldermore panel will quote an ‘acting for lender’ fee and others do not.
I have today made my last payment due on my mortgage with Kent Reliance. I assume I don't need a Mountsorrel property lawyer on the Kent Reliance panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance 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 Kent Reliance mortgage from the register. Kent Reliance, 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 Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
Should our lawyer be making enquiries regarding flooding as part of the conveyancing in Mountsorrel.
The risk of flooding is if increasing concern for lawyers dealing with homes in Mountsorrel. Plenty of people will buy a property in Mountsorrel, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, but there are a various checks that can be undertaken by the buyer or by their solicitors which will figure out the risks in Mountsorrel. The standard completed inquiry forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to find out if the property has suffered from flooding. If flooding has previously occurred and is not disclosed by the vendor, then a buyer may bring a claim for damages as a result of such an incorrect reply. A purchaser’s lawyers will also conduct an environmental report. This should higlight whether there is a recorded flood risk. If so, more detailed investigations should be conducted.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Mountsorrel?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Mountsorrel. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Mountsorrel is where the house is located. Is there any guidance you can impart?
Flying freeholds in Mountsorrel are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mountsorrel you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mountsorrel may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.