We have agreed to purchase a house in Newbury Park. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
Given that your lender is Clydesdale your lawyer must follow the conveyancing requirements set out in Part 2 of UK Finance Lenders’ Handbook for Clydesdale. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Clydesdale where a lease fails to satisfy these conditions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Newbury Park.
We were going to get a DIP from Nottingham this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Newbury Park solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Newbury Park solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
My husband and I are in the throws of looking at apartments in Newbury Park and I am now considering a potential offer. Should I already have a lawyer in place at this point? I am planning to take a home loan with Coventry BS.
It would be sensible to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are taking out a mortgage with Coventry BS, make sure you remember to check that your lawyer is on the Coventry BS conveyancing panel.
What does a local search reveal concerning the property I am purchasing in Newbury Park?
Newbury Park conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for example Onsearch The local search is essential in every Newbury Park conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Me and my brother have a renovated Victorian house in Newbury Park. Conveyancing solicitor represented me and Yorkshire Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to 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 Newbury Park and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing solicitor who conducted the conveyancing.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Newbury Park is the location of the property. What do you suggest?
Flying freeholds in Newbury Park are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Newbury Park you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Newbury Park may determine 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.
I'm converting the mortgage on my existing home to a BTL mortgage with Santander and I will use the ballance of the raised equity as a down payment on further house. The location we are looking at is Newbury Park. Will your conveyancers be able to act for the two lenders and tie in the conveyances?
Do use our comparison tool on this site to be sure that the conveyancers are approved by both banks. Having checked that they are the solicitor will be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and communicate your desired outcome and needs.