I am purchasing a property without a mortgage in Peak District. I have been living for the last 15 years in Peak District. Conveyancing searches are expensive. Given that I have knowledge of the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then almost all of the Peak District conveyancing searches are at your discretion. Your lawyer will ’encourage you, no-doubt strongly, that you should have searches completed, but she has a professional duty to do this. Do consider; if you are going to sell the house in the future, it may be of interest to your future purchaser what the searches determine. Sometimes properties with day to day issues can still show up unexpected search results. A good conveyancing solicitor in Peak District will provide you some practical guidance here.
I am the single recipient of my late mum's will with all property in now in my sole name, including the my former home in Peak District. Conveyancing formalities meant that the Land Registry date was in March. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership could be regarded the same way as though I had purchased the house in March. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires solicitors 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. Most lenders would take a sensible view as this provision principally exists to identify subsales or the quick reselling of properties.
I had a mortgage agreed in principle with Kent Reliance. Peak District conveyancing practitioners have been instructed. How long does it take for Kent Reliance to issue the offer to the solicitor?
There is no definitive answer here. Have Kent Reliance conducted the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We have agreed to purchase a house in Peak District. 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 check the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Nottingham. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and property lawyers are required to report to Nottingham where a lease fails to comply with these conditions. The provisions relate to the installation of panels on properties countrywide and is not limited to Peak District.
Various internet forums that I have frequented warn that are the main cause of hinderance in Peak District house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Peak District.
I used Arc property Solicitors several years ago for my conveyancing in Peak District. I now require my file however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Peak District of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Peak District and how can your lawyers assist?
The 1954 Act affords a safeguard to business lessees, granting the legal entitlement to apply to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Peak District