My house in Northwood is up for sale and I have accepted an offer. Will the conveyancing practitioner need to be required to be on the Nationwide conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
Are there restrictive covenants that are commonly identified during conveyancing in Northwood?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Northwood. 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…’
Just had an offer accepted on a new build apartment in Northwood. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Northwood
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I'm remortgaging my existing property to a BTL mortgage with Birmingham Midshires and I will use the rest of the raised equity towards another house. The neighborhood we are interested in is Northwood. Will your solicitors be able to act for both sets of mortgage companies and tie in the transactions?
Do use our comparison tool on this page to check that the conveyancers are on the appropriate lender panels. Assuming that they are your solicitor should be able to connect the two transactions but you should talk with you conveyancer and make clear your desired outcome and needs.
Should local authority consent be required to split a single dwelling into two appartments in Northwood? This has occurred to a property adjacent to a relative in Northwood and was unaware of the conversion until it was finished.
Planning permission is necessary for converting a single dwelling in Northwood into flats but probably not for converting once again to single dwelling-house so, simply put, yes.