We are getting a further advance on our mortgage from Kent Reliance as we wish to carry out improvements to our house in Navenby. Do we need to select a local Navenby solicitor on the Kent Reliance conveyancing panel to deal with the paperwork?
Kent Reliance would not normally require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance conveyancing panel.
I have today made my last payment due on my mortgage with RBS. I assume I don't need a Navenby solicitor on the RBS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your RBS 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 RBS mortgage from the register. RBS, 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 RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
After what feels like an age I have had an offer on an apartment in Navenby accepted, but there is a chain. The vendors have offered on a property, however it’s not yet agreed to, and are looking at other flats in the pipeline. I have chosen a nearby conveyancing solicitor in Navenby. What should be my next step? At what point should I apply for the mortgage with Virgin Money?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, Navenby conveyancing search costs, etc). First, you must check that your solicitor is on the Virgin Money approved list. As to the next phase this very much depends on the circumstances of your case, motivation for the property and on the state of the market. During a hot market many purchasers would apply for a home loan with Virgin Money and pay for the valuation and only if it was satisfactory would they request their conveyancer to move forward with searches.
I am selling our property in Navenby and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a factory type conveyancing outfit rather than a conveyancing solicitor in Navenby. Having lived in Navenby for 5 years we know of no issue. Do we contact our local Authority to seek confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Over the last few months I have been searching for a ground for flat up to £245,000 and found one close by in Navenby I like with a park and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in Navenby for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I'm converting the mortgage on my primary property to a BTL mortgage with Halifax and I will use the ballance of the raised equity as a down payment on another house. The area we are interested in is Navenby. Will your lawyers be able to act for the two banks and tie in the two deals?
Make use of our search tool on this site to ensure that the solicitors are on the appropriate lender panels. Assuming that they are the solicitor will be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and communicate your expectations and needs.
I need to instruct a conveyancing solicitor for purchase conveyancing in Navenby. I've discover a web site which looks to be the perfect solution If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?