I am due to move property in May. Should my conveyancing solicitor update the removal company on the completion day. Incidentally, can you recommend a removal company in Pattingham. Conveyancing lawyer was chosen prior to coming across this website.
On the afternoon of completion you can pick up the keys from the estate agent but this should only be done once the vendors lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be collected. You will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can assist you in locating a residential property solicitor in Pattingham or a solicitor with expertise in conveyancing in Pattingham.
I have a mortgage with HSBC for my property in Pattingham. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform HSBC?
Your original mortgage agreement with HSBC will provide that you need their approval before renting your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel firm.
I recently had an offer accepted on an apartment in Pattingham. My mortgage broker recommended their conveyancers. I paid an upfront payment of £225. A couple of days later, the solicitor contacted me embarrassingly acknowledging that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Do I need to take out insurance to address the risk of chancel repairs when purchasing a house in Pattingham?
Unless a prior acquisition of the property completed after 12 October 2013 you may take it that solicitors conducting conveyancing in Pattingham to remain encouraging a chancel search and or chancel repair liability policy.
five months have gone by following my purchase conveyancing in Pattingham took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Pattingham differ for newly converted properties?
Most buyers of new build residence in Pattingham contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Pattingham typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Pattingham or who has acted in the same development.
I'm remortgaging my primary property to a buy to let mortgage with The Royal Bank of Scotland and I will use the rest of the raised equity towards another property. The area we are talking about is Pattingham. Will your lawyers be able to act for the two lenders and link together the two deals?
Do use our search tool on this page to check that the lawyers are approved by both banks. Assuming that they are your lawyer will be able to simultaneously deal with the two transactions but you should have a chat with you lawyer and make clear your desired outcome and needs.