At what point will exchange of contracts happen for sale conveyancing in Par and do I need to be at the solicitors office?
Where you are local to one of the conveyancing solicitors in Par you are invited in to sign contracts. That being said, the firms we work with provide countrywide coverage for conveyancing and provide just as detailed and professional a job for you when dealing with you by post or email. The signing of the purchase agreement is not the important part. A signed contract is just a prerequisite for the conveyancer to address the formalities at the suitable time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Par)to be in the office available at the end of the phone to exchange contracts.
Our mortgage company has recommended solicitors on their panel based in Par but I would rather use a conveyancing lawyer in Par or nearer to where I live. Can you assist?
Not all Par conveyancing firms are listed all banks conveyancing panel. Use the above find an approved solicitor tool to choose a Par conveyancing conveyancer on the on the mortgage company panel.
We have agreed to purchase a house in Par. One unusual aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Nottingham your lawyer must follow the conveyancing instructions contained in Part two of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and lawyers are required to report to Nottingham where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties countrywide and is not isolated to Par.
Intending to buy a house in Par. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton 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 Par solicitor is on the Skipton conveyancing panel.
After shopping around on the internet I have found a Par solicitor having made sure that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Par surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have a renovated Victorian house in Par. Conveyancing practitioner represented me and Lloyds TSB Bank. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Par 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 lenders. You can also check the position with your conveyancing practitioner who conducted the conveyancing.
The estate agent has sent us the confirmation of our purchase of a new build flat in Par. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Par
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are architect prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.