I sincerely hope you can help me. My Shirebrook conveyancer is informing me me that he is legally obliged toorder Shirebrook conveyancing searches resulting from the fact thatthe firm are on the Virgin Moneysolicitor panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a lender your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Shirebrook conveyancing searches.
I am about to put an offer on a leasehold flat in Shirebrook. The selling agents tell me that it is standard for flats in Shirebrook to have less than 75 years unexpired on the lease. I am getting a mortgage with Platform. Will the property be mortgageable given that the lease has 69 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/4/2021 the requirements read as follows :
My wife and I are purchasing a flat in Shirebrook. It might be a silly question but how we can trust a solicitor? At some point we have to put money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as HSBC, do Shirebrook property lawyers have to pay a fee to be on the list of approved solicitors?
We are not aware of any bank fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We had instructed conveyancing lawyers with offices in Shirebrook on the Clydesdale solicitor approved list. They are now charging me a separate fee for dealing with the Clydesdale mortgage. Is this a supplemental conveyancing fee specified by Clydesdale?
Provided it is contained in their Terms of Engagement or Quote then yes your lawyer may levy a fee for this. This fee is not set by Clydesdale but by your Shirebrook conveyancer. Plenty of firms on the Clydesdale panel will charge ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.
My friend advised me that where I am buying in Shirebrook I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Shirebrook conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about Shirebrook around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Shirebrook Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Shirebrook Education with plans and statistics, Local Amenities and other useful information concerning Shirebrook.
In my capacity as executor for the will of my grandmother I am disposing of a property in Newport but reside in Shirebrook. My conveyancer (based 200 kilometers from merequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Shirebrook who can witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Shirebrook based