We had selected conveyancing lawyers located in Priorslee on the Co-operative solicitor approved list. They have just invoiced me a further amount for handling the Co-operative mortgage. Is this a supplemental conveyancing fee set by Co-operative?
Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. The fee is not dictated by Co-operative but by your Priorslee property lawyer. Numerous firms on the Co-operative panel will levy ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
I have paid off my mortgage with Co-operative. I assume I don't need a Priorslee property lawyer on the Co-operative panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Priorslee bank branch on numerous occasions and was informed it wasn't an issue and they will lend. My Priorslee conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they will not lend in accordance with their specific requirements. I simply don't know who is right.
Your solicitor must comply with the CML Handbook section two requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I require quick conveyancing in Priorslee as I have a deadline to complete inside one month. Luckily I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you have the choice not to do searches although no solicitor would recommend that you don't. With lots of history conveyancing in Priorslee the following are instances of what can appear and adversely affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who did the conveyancing in Priorslee 10 years ago have long since closed. What do I do?
In today’s world there are copies made of almost everything, and your solicitor should be aware precisely where to look for all the suitable documentation so you may buy or dispose of your house without a hitch. If copies can’t be found, your lawyer may be able to arrange cover in the form of insurance or indemnities against future claims on the property.
Due to the guidance of my in-laws I had a survey completed on a house in Priorslee ahead of instructing conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some lenders will refuse to grant a mortgage on such a home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Priorslee. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Priorslee to see if the conveyancing costs will increase in light of this.
Am I better off to choose a Priorslee conveyancing practitioner in close proximity to the house I am buying? We have a good friend who can deal with the legal work but her office is a couple of hundredmiles drive away.
The benefit of a high street Priorslee conveyancing firm is that you can pop in to execute paperwork, present your ID and pester them where appropriate. Having local Priorslee know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and they were happy that must outweigh using an unknown Priorslee conveyancing solicitor just because they are round the corner.