I sincerely hope you can help me. My North Kensington conveyancer is informing me me that he has toapply for North Kensington conveyancing searches becausethe firm are on the Nat Westsolicitor panel. Is my conveyancer correct?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out North Kensington conveyancing searches.
We just had an offer accepted to purchase with Loughborough BS. I popped in 3 or 4 local practices but cant to find a North Kensington conveyancing firm on the Loughborough BS approved list. Please you assist?
Please do make use of the find a lender approved solicitor tool on this site. Pick the lender and type North Kensington or your preferred area and you will be presented with numerous conveyancers offices in North Kensington or near you.
I'm the only recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in North Kensington. Conveyancing formalities meant that the Land Registry date was in March. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the house in March. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How practical a view banks take of it, depend on the mortgage company as this obligation primarily exists to identify subsales or the flipping of property.
My wife and I are in the process of viewing apartments in North Kensington and I am now considering a potential offer. Is it best to have my conveyancing practitioner on ‘stand by’? I will be getting a home loan with Co-operative.
It would be advisable to commence 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 pass their details on to the selling agent. Given that you are taking out a mortgage with Co-operative, ask your prospective lawyers if they are on the Co-operative conveyancing panel otherwise they can't do the mortgage legal work.
Planning on purchasing a maisonette in North Kensington. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the North Kensington conveyancer is on the Coventry BS conveyancing panel.
My wife and I own a renovated Georgian house in North Kensington. Conveyancing lawyer represented me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should 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 North Kensington and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who conducted the conveyancing.
As co-executor for the estate of my grandmother I am disposing of a residence in Swansea but live in North Kensington. My conveyancer (based 250 miles from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in North Kensington who can attest this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are based in North Kensington