I am buying a right to buy a flat in Sefton. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Sefton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Sefton.
A friend informed me that in buying a property in Sefton there could be various restrictions as to what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Sefton which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Sefton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am purchasing a property in Sefton. A rare aspect is that the roof has a solar panel. Yorkshire BS 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 Yorkshire BS your lawyer must follow the formal requirements contained in Section two of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Yorkshire BS where a lease does not comply with these requirements. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Sefton.
We were going to get a DIP from Coventry BS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Coventry BS recommend any Sefton solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Sefton solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
Despite weeks of looking the Title Certificate and documents to my home are lost. The lawyers who handled the conveyancing in Sefton 4 years ago are no longer around. What are my next steps?
Gone are the days when you need to have the physical original deeds to establish that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a flat up to £245,000 and found one near me in Sefton I like with open areas and station in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Sefton for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I'm converting the mortgage on my primary home to a buy to let loan with Coventry Building Society and intend to use the remaining equity as a deposit on further property. The neighborhood we are interested in is Sefton. Will your conveyancers be able to act for the two mortgage companies and link together the two deals?
Do use our search tool on this page to be sure that the conveyancers are on the appropriate lender panels. Assuming that they are the conveyancer should be able to simultaneously deal with the two transactions but you should talk with you lawyer and make clear your desired outcome and needs.